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55 Lafayette Rd 2,800 SF Flex Building Salisbury, MA 01952 $599,900 ($214.25/SF)
Investment Highlights
- -ADD THE VERBIAGE
Executive Summary
Exceptional development opportunity on Salisbury’s revitalized Route 1 corridor! This 1.48-acre parcel offers outstanding frontage, high visibility, and convenient access to I-95, Route 110, and the New Hampshire border. Preliminary civil engineering, including wetlands delineation, indicates the potential for up to six residential units, subject to all municipal, state, and regulatory approvals. Additional Preliminary due diligence materials available upon request . Salisbury’s ongoing $18+ million Route 1 improvement project includes reconstructed roadways, upgraded utilities, new sidewalks, shared-use bike and walking paths, roundabouts, and traffic flow enhancements, further strengthening this premier location. Ideal for builders, developers, investors, or owner-users seeking a high-exposure property with exceptional long-term redevelopment potential. Buyer to perform all due diligence.AI generated Renderings are for Illustrative purposes only and are based on the civil engineering concepts .
Property Facts
| Price | $599,900 | Lot Size | 1.48 AC |
| Price Per SF | $214.25 | Rentable Building Area | 2,800 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Flex | Year Built/Renovated | 1967/1994 |
| Building Class | C | Parking Ratio | 7.14/1,000 SF |
| Zoning | LM-D - Mixed use Comm/ Res | ||
| Price | $599,900 |
| Price Per SF | $214.25 |
| Sale Type | Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 1.48 AC |
| Rentable Building Area | 2,800 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1967/1994 |
| Parking Ratio | 7.14/1,000 SF |
| Zoning | LM-D - Mixed use Comm/ Res |
Utilities
- Lighting
- Gas - Natural
- Water - City
- Heating - Gas
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | SALI-000017-000000-000059 | Improvements Assessment | $151,000 |
| Land Assessment | $294,500 | Total Assessment | $445,500 |
Property Taxes
Parcel Number
SALI-000017-000000-000059
Land Assessment
$294,500
Improvements Assessment
$151,000
Total Assessment
$445,500
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Contact the Sale Advisor
55 Lafayette Rd