SQUARE FEET6,442
MLS#73540070
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Rare opportunity to own a prominent mixed-use commercial building totaling 6,442SF in the heart of downtown Salem. This three-story property features a well-established restaurant on the 1st flr & residential apartments on the 2nd & 3rd flrs, creating a diversified income stream with a strong & consistent rental history. Steeped in history, the property occupies a historically significant location connected to Salems colonial & revolutionary-era past. The site is commemorated by a historical marker recognizing The London Coffee House, a notable colonial gathering place dating back to 1698 that served as an important meeting and social hub during the city's early development. Ideally situated in a highly visible, walkable downtown location, the property benefits from excellent access to Salems shops, restaurants, cultural attractions & year-round tourism. The building is supported by long-term tenants & stable occupancy, making it an attractive investment opportunity.
Property Features
Property Type: Commercial - Business
Lot Size: 0.09 Acres
Taxes: $19,464
Year Built: 1868
Feature Descriptions
Building Area Total: 6442
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 31
Parcel Number: 4078569
Rental Term: Monthly
Utilities: Public Water, Private Sewer, Natural Gas Available
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty - Lynnfield
Agent Name: Stephen Velonis
Agency Phone: 781-334-5700
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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13 Central Street | MLS# 73540070
This commercial property located at 13 Central Street, Salem, MA 01970 is currently listed for sale with an asking price of $2,290,000. Search Salem real estate on www.masiellogrouprealestate.com today.