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250-260 Highland Ave - 250 Highland Ave

0.58 Acres of Commercial Land Offered at £2,139,292 in Salem, MA 01970

Investment Highlights

  • High Visibility
  • Great Location with parking and 3 means of egress

Property Facts Under Contract

Price £2,139,292 Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Retail
  • Hospitality
  • Auto Dealership
  • Auto Repair
  • Bank
  • Fast Food
  • Healthcare
  • Medical
  • Restaurant
  • Storefront, Retail or Office
  • Strip Centre
No. Lots 1 Total Lot Size 0.58 AC
Property Type Land Cross Streets Vernon Street
Price £2,139,292
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Hospitality
  • Auto Dealership
  • Auto Repair
  • Bank
  • Fast Food
  • Healthcare
  • Medical
  • Restaurant
  • Storefront, Retail or Office
  • Strip Centre
Total Lot Size 0.58 AC
Cross Streets Vernon Street

1 Lot Available

Lot

Price £2,139,292 Lot Size 0.58 AC
Price Per AC £3,688,434
Price £2,139,292
Price Per AC £3,688,434
Lot Size 0.58 AC

This parcel for sale is two combined lots plus a paper road that was abandoned by the City of Salem. Seller has documentation. Buyers to do their own due diligence.

Description

LARGE PARCEL of LAND and business opportunity in highly sought-after HIGHLAND AVENUE B2 zoning district of Salem, MA. Two parcels of land plus an abandon paper road sold together totaling approximately 32k square feet (.73 acres) includes 3 Egresses, with 2 curb cuts, busy corner lot with 200 feet of frontage on HIGHLAND AVE. Additional access from Verona Street is a huge plus. Traffic count - 34K+ daily. Zoned for thirty-foot height. Centrally located near many retail chains, Market Basket Plaza, Hawthorne Square Shopping Plaza, Burger King, McDonalds, Duncan Donuts, Taco Bell, Pep Boys, Tri-City Sales, IHOP, CVS, Shaw's are all located around this amazing area. Buyer to do their own due diligence.

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PROPERTY TAXES

Parcel Number SALE-000008-000000-000118 Improvements Assessment £57,999
Land Assessment £364,551 Total Assessment £422,550

PROPERTY TAXES

Parcel Number
SALE-000008-000000-000118
Land Assessment
£364,551
Improvements Assessment
£57,999
Total Assessment
£422,550

zoning

Zoning Code B2
B2
(781) 797-0766

Contact

  • Listing ID: 25801259

  • Date on Market: 27/05/2022

  • Last Updated:

  • Address: 250-260 Highland Ave, Salem, MA 01970

The Land Property at 250-260 Highland Ave, Salem, MA 01970 is currently available for sale. Contact Nordlund Associates, Inc. for more information.

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250-260 Highland Ave - 250 Highland Ave
(781) 797-0766 x

250-260 Highland Ave - 250 Highland Ave

John Wellington

(781) 797-0766

(781) 797-0766

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