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86 Highland Ave 3,852 SF Office Building Salem, MA 01970 $1,340,083 CAD ($347.89 CAD/SF)

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EXECUTIVE SUMMARY

Well located office building which was formerly a medical building but converted to a general office building about 20 years ago. Building has been updated including roof and mechanicals. The interior is in very good condition including a new kitchen. Accessible entrance leads to a waiting room and receptionists counter. There are 11 individual offices and seven bathrooms. There are about 20 parking spaces. Some of the offices and bathrooms are on the lower level and they have windows due to the change in grade. This building would support many user types including medical, counseling, general office etc.

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,852 SF
Building Class
C
Year Built
1959
Price
$1,340,083 CAD
Price Per SF
$347.89 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,772 SF
Building FAR
0.44
Lot Size
0.20 AC
Zoning
R-3, Salem - Commercial
Parking
20 Spaces (5.3 Spaces per 1,000 SF Leased)

AMENITIES

  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Professional, Scientific, and Technical Services - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SALE-000014-000000-000148
Land Assessment
$637,230 CAD
Improvements Assessment
$575,072 CAD
Total Assessment
$1,212,302 CAD
  • Listing ID: 34833854

  • Date on Market: 2025-02-14

  • Last Updated:

  • Address: 86 Highland Ave, Salem, MA 01970

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