$3,400,000
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326 S Broadway Boulevard Salem, NH 03079
Other
Residence
Beds
Baths
...
Bed/Bath
37,000
Sq. Ft.
Property Activity
Time on Site
days
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Fully Leased 18-Unit Retail Shopping Mall in Prime Salem, NH Location. Seize this exceptional investment opportunity to own a fully leased retail shopping mall strategically situated on NH Route 28, just one mile north of the MA state line in Salem, NH. This high-visibility location ensures a stead...y flow of traffic and patronage. â?¢ Total Space: Over 34,000 square feet of versatile retail space, thoughtfully divided into 18 individual units, each designed to accommodate a variety of retail businesses. â?¢ Tenant Comfort: Each unit is equipped with its own heating and air conditioning systems, â?¢ Electrical Capacity: The property boasts a robust 1,200 AMP 3-phase electrical service, with most units separately metered, facilitating straightforward utility management and billing. â?¢ Location Advantage: Positioned on the bustling NH Route 28 corridor, the mall benefits from high visibility and accessibility, attracting both local residents and commuters from neighboring Massachusetts. This fully occupied retail center offers a stable income stream with established tenants in place. The property's prime location in Salemâ??a market noted for its resilience and growth in the commercial real estate sectorâ??adds significant value. The Salem submarket has demonstrated resilience amidst economic uncertainties, with strong demand for retail spaces. The area's strategic location near the Massachusetts border and along major routes like NH Route 28 contributes to its attractiveness.
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MLS#
5027272
Property Type
Other
Year Built
1950
Square Feet
37,000
sq. ft
Price per Sq. Ft.
$91.89
Lot Size
2.43
Sewer
Public Sewer
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