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Medical/Professional Office Building 103 Stiles Rd 10,496 SF 80% Leased Office Building Salem, NH 03079 $2,000,000 ($190.55/SF) 7.70% Cap Rate
Executive Summary
Property Facts
Amenities
- Wheelchair Accessible
- Central Heating
- Natural Light
- Drop Ceiling
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Center for Life Management
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Center for Life Management | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
This attractive two-story office building is situated in Salem’s most sought-after professional office park, surrounded by beautifully landscaped grounds. The building presents a polished business image and a suburban lifestyle. Renovated in 2012, the inside exudes a modern feel. New windows have been installed as of 2026. The property is 50% leased with the first floor occupied through 2031. The second floor offers 1 vacant suite of 2,067 +/- SF. The space features a floor-to-ceiling glass conference room, a combination of open areas and private offices, restrooms, ample natural light, and high-end, finished common areas. Conveniently located less than 0.2 miles from Exit 2 off I-93 and 4 miles from the Massachusetts border, Stiles Road offers easy access. Additionally, the Manchester-Boston Regional Airport is a mere 25-minute drive away.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 2,037-5,248 SF | Office | - | Now |
2nd Floor
| Size |
| 2,037-5,248 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Floor
| Size | 2,037-5,248 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
This attractive two-story office building is situated in Salem’s most sought-after professional office park, surrounded by beautifully landscaped grounds. The building presents a polished business image and a suburban lifestyle. Renovated in 2012, the inside exudes a modern feel. New windows have been installed as of 2026. The property is 50% leased with the first floor occupied through 2031. The second floor offers 1 vacant suite of 2,067 +/- SF. The space features a floor-to-ceiling glass conference room, a combination of open areas and private offices, restrooms, ample natural light, and high-end, finished common areas. Conveniently located less than 0.2 miles from Exit 2 off I-93 and 4 miles from the Massachusetts border, Stiles Road offers easy access. Additionally, the Manchester-Boston Regional Airport is a mere 25-minute drive away.
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,249,900 | |
| Land Assessment | $0 | Total Assessment | $1,249,900 |
Property Taxes
Presented by
Medical/Professional Office Building | 103 Stiles Rd
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