296 Highland Ave

RetailAuto dealer

296 Highland Ave, Salem, MA 01970

22 photos
Listings
Sale
For Sale · Retail
Active
Available SF
4,488 SF
Asking Price
$2,995,000
Price/SF
Cap Rate
Suite
Floor 1
Floor
1
List Date
May 12, 2026
Available
May 1, 2026
Days on Market
49

Exceptional investment and redevelopment opportunity with 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, ser…

Property Highlights

Location

County
Essex
Submarket
Sto,BO,3
Center/Park Name

Building Size

Total Building SF
4,488 SF
Rentable SF
Land (SF)
524,637 SF
Acreage
12.04 Acres
Number of Buildings
1
Floors
1

Building Details

Type
Retail
Subtype
Auto dealer
Building Class
Building Status
Existing
Year Built
1950
Year Renovated
Construction
Occupancy Type
Single-tenant
Leased
Zoning
Commercial/Residential
Sprinklered
Parking Ratio
Elevators
Condominiumized
Exterior
Clear Height Max
Dock High Doors
Grade Level Doors
Rail Service

Land & Utilities

Lot Width
Lot Depth
Electric
Water
Sewer
Gas
Fiber
Tax Amount
$23,317
Tax Year
2022
Comparables
Comparable sales and lease data is available to members only.
Location