Request for offers for existing Commercial/ Retail storefront brick single story building with 10k +- sq ft PLUS fully approved expansion of mixed use Development. 21 total units in A grade prime location at intersection of Route 114, Essex St, North St & Summer St. Proposed 12 car parking garage. 20 total residential units. 10 townhouses with decks, 4 flats, 6 penthouse townhouses with roof decks. 6500 sq ft of Ground level with glass storefront and sub grade commercial/retail space. To be constructed by buyer. All municipal approvals in hand. Only needs CD plans completed and accepted.
Salem is located in Massachusetts. Salem, Massachusetts has a population of 44,452. Salem is less family-centric than the surrounding county with 22.93% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Salem, Massachusetts is $72,884. The median household income for the surrounding county is $86,684 compared to the national median of $69,021. The median age of people living in Salem is 37.6 years.
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 18.2 degrees. The average rainfall is approximately 47.3 inches per year, with 41.8 inches of snow per year.