978-235-4795
142 Canal St, Salem, MA for Rent

$23.00 USD /SF/yr

Retail - For Rent
1/6
1,461 SF | 1 Space

142 Canal St
Salem, MA 01970
South Salem


HIGHLIGHTS

  • University Square is seen by more the 20K vehicles per day.
  • Close proximity to Salem State University
  • Close Proximity to many National and Regional brands
  • Minuets from Downtown Salem and Salem Water Front

OVERVIEW

Located within the high-traffic University Square development, 142 Canal St, Unit B offers a versatile 1,461 SF multi-use space perfectly suited for light manufacturing, fitness studios, maker spaces, or the performing arts. The layout features a spacious 1,120 SF column free workspace (28' x 40') with impressive 13'11" clear heights and a clear-span design for maximum flexibility. Operational efficiency is built-in with a 12' x 12' overhead door, dual front and rear access, and an abundance of on-site parking. Fully modernized in 2022, the unit is equipped with high-efficiency LED lighting, a full sprinkler system, and a dedicated electric HVAC system, complemented by well-maintained shared common area restrooms. Location and Amenities • High Visibility seen by 20,000 plus vehicles per day. • Located in University Square - close proximity to Salem State University • Short distance to Crosby Market Place • Shadowed by Starbucks, McDonald's, Bagel World and many other National and Regional Brands. Location and Access • .6 Miles from Salem State University • 7 Minuets from Downtown Salem • 7 Minuets from Salem MBTA Commuter Rail • 41 Minuets from Boston • 40 Minuets from Logan Airport

RENTAL DETAILS

SPACE AVAILABLE

1,461 SF

# OF SPACES

1

RENT/MONTH

$2,800 USD /mo

RENT RATE (MO)

$1.92 USD /SF/mo

RENT RATE (YR)

$23.00 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

5-15 Years

AVAILABLE

-

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

42,684 SF

YEAR BUILT

2012

PARKING SPACES

120

LAND DETAILS

LAND ACRES

1.76 AC

LAND SF

76,665.6 SF

ZONING

I

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978-235-4795

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978-235-4795

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