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401-403 Main St 1,030 - 4,164 SF of Office/Retail Space Available in Salem, NH 03079
HIGHLIGHTS
- Located on the State line
- High visibility corner location
- Strategically located at signalized intersection
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 205 | 1,030 SF | Negotiable | $17.75 /SF/YR $1.48 /SF/MO $18,283 /YR $1,524 /MO | Plus All Utilities | ||
| 2nd Floor, Ste 206 | 1,058 SF | Negotiable | $17.75 /SF/YR $1.48 /SF/MO $18,780 /YR $1,565 /MO | Plus All Utilities | ||
| 2nd Floor, Ste 207 | 1,038 SF | Negotiable | $17.75 /SF/YR $1.48 /SF/MO $18,425 /YR $1,535 /MO | Plus All Utilities | ||
| 2nd Floor, Ste 208 | 1,038 SF | Negotiable | $17.75 /SF/YR $1.48 /SF/MO $18,425 /YR $1,535 /MO | Plus All Utilities |
2nd Floor, Ste 205
1,030 sf of office space available for immediate occupancy.
- Listed lease rate plus proportional share of utilities
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 3 - 9 People
- Central Air and Heating
- Private Restrooms
- Ample Natural Light
2nd Floor, Ste 206
2nd floor space approximately 1,058 SF. Space will require build out.
- Listed lease rate plus proportional share of utilities
- Central Air and Heating
- Private Restrooms
- Ample Natural Light
2nd Floor, Ste 207
2nd floor - Office or Retail space, move-in ready
- Listed lease rate plus proportional share of utilities
- Mostly Open Floor Plan Layout
- Fits 3 - 9 People
- Central Air and Heating
- Private Restrooms
- Ample Natural Light
2nd Floor, Ste 208
2nd floor office/retail use type. Move-in ready.
- Listed lease rate plus proportional share of utilities
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 3 - 9 People
- Central Air and Heating
- Private Restrooms
- Ample Natural Light
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 4,164 SF | Total Land Area | 10.19 AC |
| Property Type | Retail | Year Built/Renovated | 1986/2020 |
| Property Subtype | Freestanding | Parking Ratio | 5.17/1,000 SF |
| Gross Leasable Area | 29,264 SF | Cross Streets | Hampstead Rd |
| Total Space Available | 4,164 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 29,264 SF |
| Total Land Area | 10.19 AC |
| Year Built/Renovated | 1986/2020 |
| Parking Ratio | 5.17/1,000 SF |
| Cross Streets | Hampstead Rd |
ABOUT THE PROPERTY
The mixed-use building at 401-403 Main St., known as The 97 Shoppes Plaza, offers approximately 29,264 SF across a 10-acre site, featuring ground-floor retail and second-floor office/showroom space built in 1986 and renovated in 2020. Ideally situated at a signalized, high-traffic corner of Main Street (Route97) and Hampstead Road—just north of the Massachusetts border—it benefits from excellent visibility (20,000+ vehicles per day), multiple curb cuts, landmark pylon signage, and proximity to national retailers including CVS, Dunkin’, and Irving Oil. Home to a diverse tenant mix—such as M&T Bank, Fitness Factory, Salon 97, Salem Kabob & Pizzeria, and Aroma Joe’s—this B-class property offers 24-hour access, ample surface parking (~5.17 spaces/1,000 SF), and the flexibility to accommodate regional or national retailers, service providers, restaurants, or office users.
- 24 Hour Access
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
- Storage Space
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
184 Pleasant Valley LLC
401-403 Main St
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