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97 Boston St
Salem, MA 01970
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Solar panels for energy efficiency.
- Prime central Salem location with excellent highway and public transit access.
- On-site parking for up to 11 vehicles – rare in Salem’s commercial district.
- Ideal for investors or owner-occupants.
EXECUTIVE SUMMARY
This prime multi-tenant investment opportunity is strategically located in the heart of Salem with excellent accessibility to major highways, public transportation, and neighboring communities, and presents a rare investment or owner- occupant opportunity.
The property consists of two spacious commercial units: the first floor is currently leased at will, this unit includes two private restrooms and a dedicated entrance, providing stable rental income. The second floor space is owner-occupied and operating as a salon.
This unit features a private restroom and flexible layout suited for a variety of professional or personal service uses. Front and rear entrances for each unit, two oil heating systems, central air conditioning, solar panels, and on-site parking for up to 11 vehicles. All information was obtained from the Seller and reliable public sources. Prospective buyers should perform due diligence in all matters of a contemplated acquisition.
The property consists of two spacious commercial units: the first floor is currently leased at will, this unit includes two private restrooms and a dedicated entrance, providing stable rental income. The second floor space is owner-occupied and operating as a salon.
This unit features a private restroom and flexible layout suited for a variety of professional or personal service uses. Front and rear entrances for each unit, two oil heating systems, central air conditioning, solar panels, and on-site parking for up to 11 vehicles. All information was obtained from the Seller and reliable public sources. Prospective buyers should perform due diligence in all matters of a contemplated acquisition.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
3,660 SF
Building Class
C
Year Built/Renovated
1789/2003
Price
$1,204,683 CAD
Price Per SF
$329.15 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,830 SF
Slab To Slab
8’
Building FAR
0.48
Lot Size
0.18 AC
Zoning
R2
Parking
9 Spaces (2.46 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
PROPERTY TAXES
| Parcel Number | SALE-000015-000000-000217 | Improvements Assessment | $294,190 CAD |
| Land Assessment | $363,320 CAD | Total Assessment | $657,510 CAD |
PROPERTY TAXES
Parcel Number
SALE-000015-000000-000217
Land Assessment
$363,320 CAD
Improvements Assessment
$294,190 CAD
Total Assessment
$657,510 CAD
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