The median home value in Salem, MA is $522,500.
This is
higher than
the county median home value of $451,800.
The national median home value is $219,700.
The average price of homes sold in Salem, MA is $522,500.
Approximately 47.82% of Salem homes are owned,
compared to 46.48% rented, while
5.7% are vacant.
Salem real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Salem real estate agent to arrange a tour today!
An excellent investment opportunity in Salem's most active redevelopment area. Over 62,000 sq ft of development potential. Located two miles from central Salem and Peabody city line. Concrete block and steel construction. The first level is an industrial warehouse with heavy power. The second level is 5,500 sq ft of renovated office space with separate HVAC. A drive-in door and five loading dock doors with one dock accommodating interior loading. Great upside in this emerging neighborhood! Buyer/buyer's agent to perform your own due diligence.
LOCATION! This well maintained commercial building is located in a central part of Salem, with easy access from neighboring cities and towns, adjacent to highways and public transportation. The property features two large units, the first floor has had a long term tenant and has two private bathrooms, The second floor currently has an owner occupied Salon and has one private bathroom. The building has been well maintained and features 2 heating systems by oil and centrai air, solar panels and private entrances (front and back). Parking for 11 vehicles out back is a rare find and ideal for clients and customers. Don't miss this opportunity, great for investors or owner/occupied business with many possibilities!
FORMER JN PHILLIPS AUTO GLASS. THIS SUCCESSFUL HIGH TRAFFIC LOCATION ON NOTABLE HIGHLAND AVE WITH IN EXCESS OF 35000 VEHICLES PER DAY OFFER EXCELLENT ACCESS, SIGNAGE, PARKING AND A TWO BAY GARAGE WITH OFFICE, SMALL KITCHEN AND BATH ROOMS. APPROVED FOR MANY USES SUCH AS AUTO /TRUCK RENTAL, DETAILING,GLASS COMPANY, RETAIL/COMMERCIAL USAGE. ***** for sale or lease at $7000/mo + utilities
Great turn key business opportunity, established professional restyling & detailing shop with state of the art equipment. Business has been established for over ten years. The current owner of five years has renovated and re-branded the business expanding with a Marketing team. Social media followers of over 4,000, and the top of the line website and Marketing materials. The owner of the business has built a strong client base not only with the local community but also local Body shops and Dealer Ships. The owner is willing to provide training to potential buyer.
Amazing Location with High pedestrian & traffic count. 1,100+ sq ft 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 will consider a sale. Property needs updating. 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!
Amazing Location with High pedestrian & traffic count. 1,100+ sq ft commercial 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 will consider a sale. Property needs updating. Allowed by right: Artist Lofts & living space, Studio, Gallery, Business & Professional Office (Lawyers, Accountants, etc), Medical/Dental office, 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.
Welcome to the historic area of Salem, where tradition meets modern convenience. Nestled within the vibrant streets is a remarkable mixed-use building, offering a restaurant on the first floor, while the second and third floors house two residential units with spacious living spaces, thoughtfully designed with modern finishes and a touch of historic charm. Your dream of restaurant ownership awaits you with a spacious dining area, adorned with stylish decor and lots of natural light. With a seating capacity of approximately 90, this restaurant creates an ideal space for patrons to enjoy a casual time at the bar, dining in the main area or outdoor seating on the patio.The location is in an area where tourists can explore the rich history and vibrant energy of Salem, with its captivating landmarks and cultural attractions just moments away, but also is well attended by the locals in the area.
3,000-11,000 sq. ft. of office space available for lease . The property is located in the heart of downtown Salem, a short walk from the commuter rail station/garage, Essex County Courts, City Hall, Peabody Essex Museum, Pickering Wharf, restaurants, shopping, hotels, municipal parking, and many of the city's historic, cultural, and seasonal destinations and attractions. The building is handicap accessible, with elevators on both ends, and features on-site parking (the number of spaces calculated by leased area), new common men's & women's restrooms on the 3rd floor, and extensive window lines. The building is suitable for many uses, including general office/administration, medical, and executive suites with shared amenities. Flexible floor plans. utilities, CAM, RET, Bldg. Ins., and basic build-out. Communications, internet, & office cleaning by Tenant.
