80 Main Street

Vacant Land for Sale
Catylist Listing ID: 30711755
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Other
Gross Land Area: 0.26 Acres
Sale Price: See Agent
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/29/2021

Overview / Comments

80 Main is a +/-0.26 acre land development site located in the heart of the Salem business district. It directly abuts the Salem Rail Trail, is adjacent to a municipal parking lot, and is within +/-500 feet of the new Tuscan Village development, providing for exceptional visibility and access to an abundance of amenities. At less than one mile from I-93, 80 Main provides an excellent opportunity to purchase one of the very few remaining land development parcels in Salem’s vibrant new retail and residential core. With +/-75’ of frontage along busy Main Street and visible from Rte 28 (South Broadway), 80 Main benefits from strong and ever improving demographics, easy access and a prime location. A concept for a four-story, 12-unit luxury apartment/condominium building (with a lower level parking) has been created by TFM and illustrates just one of several potential development options. Other potential uses include: mixed use with retail / restaurant on the first floor with residential above, senior housing, assisted living, medical offices, hotel, fitness/wellness and banking.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Taxing Authority: Rockingham County
Tax ID/APN: 89// 1097///
Zoning: CA
Property Visibility: Excellent
Largest Nearby Street: S. Broadway
Feet of Frontage: 75
Highway Access: Less than 1.0 mile to I-93, less than 8 miles to I-495 and lets than 17.0 miles to Manchester-Boston Regional Airport
Airports: Manchester-Boston Regional Airport
Site Description: Vacant land.
Lot Frontage: 75
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,491 29,425 132,729
Median Age: 46.15 43.69 38.47
Households: 3,491 11,443 46,933

Contact

Photograph of Listing Agent

Deane Navaroli

William & Reeves, LLC.
NECPE Member
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