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1 S Mason St 2,160 SF Flex Building Salem, MA 01970 $595,000 ($275.46/SF)
Executive Summary
One story steel framed industrial building with three drive in doors. Located in an active commercial area which is in the process of being redeveloped with various new construction projects planned including residential and commercial. The building is nearly wide open with no columns. Building needs renovations but will function well for many types of light industrial, storage or "maker space" uses. Automotive service is not allowed in this North River Corridor zoning district. The zoning also allows a number of other uses including residential and combined residential and commercial uses either "by right" or by "special permit".
Property Facts
| Price | $595,000 | Lot Size | 0.14 AC |
| Price Per SF | $275.46 | Rentable Building Area | 2,160 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Flex | Year Built | 1955 |
| Building Class | C | Tenancy | Single |
| Zoning | NRCC | ||
| Price | $595,000 |
| Price Per SF | $275.46 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.14 AC |
| Rentable Building Area | 2,160 SF |
| No. Stories | 1 |
| Year Built | 1955 |
| Tenancy | Single |
| Zoning | NRCC |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | SALE-000026-000000-000060 | Improvements Assessment | $96,000 |
| Land Assessment | $117,700 | Total Assessment | $213,700 |
Property Taxes
Parcel Number
SALE-000026-000000-000060
Land Assessment
$117,700
Improvements Assessment
$96,000
Total Assessment
$213,700
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