Listing

296 Highland Ave

Retail

296 Highland Ave, Salem, MA 01970

20 photos
Retail For Lease
Asking
$40.10/SF Modified Gross
Available
4,487 SF
Listing Details
Type
Lease
Status
Active
Asking Rate
$40.10/SF Modified Gross
Monthly Rent
$15,000 – $20,000/mo
List Date
Jul 28, 2026
Available
Aug 1, 2026
Days on Market
26
Vacant Date
Jul 16, 2026
Owner Occupied
No
Showing Instructions
Call Agent
Last Verified
Aug 17, 2026
Agent Ownership Interest
No

296 Highland Ave

Outstanding visibility on busy Highland Avenue. The property is approved for AUTO BODY USE — a highly sought-after and difficult-to-obtain approval — and is ideal for auto sales, service, repair, or collision operations. This retail parcel features a 4,488 SF automotive facility equipped with 6 service bays, 4 lifts, showroom space, manager’s office, title office, parts and stock rooms, customer waiting area, break room, ADA-compliant restroom, and security system. Strategically located alongside major national retailers and traffic generators including Walmart, Target, The Home Depot, Planet Fitness, McDonald's, and Burger King. A signalized intersection stops traffic directly in front of the property, enhancing visibility, accessibility, and overall traffic flow, with more than 35,000 vehicles passing the site per day. This lease for the automotive facility is $15,000 per month modified gross. The residential home(288 Highland Ave) is also available for lease for a total of $20,000 per month. The second parcel that is available for lease is a 2 bedroom / 2 Bathroom Ranch located at 288 Highland Ave. These parcels are also available for sale.

Space Details

Available SF
4,487 SF
Primary Use
Retail
Property Highlights
Type
Retail
Subtype
Auto dealer
Size
4,488 SF
Number of Units
1
Acreage
12.04 Acres
Occupancy Type
Single Tenant
Year Built
1950
Floors
1
Zoning
Commercial/Residential
County
Essex
Submarket
Sto,BO,3
Contact
DC
Douglas C MartinPrimary
KW Commercial, NH
Location