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280 Bridge St 1,106 SF Retail Building Salem, MA 01970 $379,000 ($342.68/SF)



EXECUTIVE SUMMARY
Amazing Location with High pedestrian & traffic count. Property needs full build-out. 1,100 sq ft freestanding commercial / retail building w/ small parking lot only steps to the Salem T. Formerly used as Bait & Tackle retail store. Zoning NRCC (North River Canal Corridor Neighborhood Mixed Use). Seller is negotiable to different business ideas and lease arrangements or a sale. Property needs full build-out. Allowed by right: Artist Lofts & living space, Studio, Gallery, Trade School, Business & Professional Office (Lawyers, Accountants, Real Estate Broker, etc), Medical/Dental office, Single Family home, Retail (Convenient Store, Coffee Shop, Tourist Attraction, Gift Shop, Florist, Barber Shop / Salon, Bank, Laundromat, Liquor Store. Allowed w/ Special permit: Music, Recording, Dance studio, Light manufacturing, Brewery/Distiller/Winery w/ Tasting Room, Hotel or Inn, Social Club, Lodge, Restaurant, Bar. Tons of development planned for immediate area! Own a part of the action. Please note 2 of the images are renderings showing what a potential build-out could look like.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
1,106 SF
Building Class
C
Year Built
1900
Price
$379,000
Price Per SF
$342.68
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.07 AC
Zoning
NRCC - (North River Canal Corridor Neighborhood Mixed Use)
Parking
5 Spaces (4.52 Spaces per 1,000 SF Leased)
Frontage
140’ on Bridge Street
AMENITIES
- Air Conditioning
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | SALE-000026-000000-000039 | Improvements Assessment | $82,100 |
| Land Assessment | $181,600 | Total Assessment | $263,700 |
PROPERTY TAXES
Parcel Number
SALE-000026-000000-000039
Land Assessment
$181,600
Improvements Assessment
$82,100
Total Assessment
$263,700
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280 Bridge St
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