This Retail Property is no longer advertised on LoopNet.com.

53 Canal St
Salem, MA 01970
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,554 SF
Building Class
C
Year Built
1935
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.22 AC
Zoning
B4
Parking
8 Spaces (5.15 Spaces per 1,000 SF Leased)
Frontage
60’ on Canal

About 53 CANAL ST , SALEM, MA 01970

Purchase a highly visible, freestanding 2-bay automotive facility on one of Salem's most active commercial roadways. The building features garage space, office, reception, waiting area, two restrooms (one for technicians and the other for customers and office staff), and a roll-up loading door on the side. There is on-site parking for approximately 7-9 vehicles. The property is situated adjacent to a car wash, a specialty automotive repair operation, and other light industrial businesses. It is centrally located, between Salem State University, Shetland Park, Salem Hospital, and the Central Business District. The site is in walking distance to the County Courts, commuter rail station, restaurants, and most of Salem's destinations and attractions. This location primarily serves the communities of: Salem, Peabody, Beverly, Marblehead, and Swampscott. Environmental report to be made available upon contract. Owner may also consider leasing at a rental rate of $2,750 per month, net of utilities, snow removal, etc.

Property Taxes

Property Taxes

Parcel Number
SALE-000034-000000-000087
Land Assessment
$397,900
Improvements Assessment
$146,700
Total Assessment
$544,600
  • Listing ID: 14882194

  • Date on Market: 1/16/2019

  • Last Updated:

  • Address: 53 Canal St, Salem, MA 01970

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