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

Health Club

TOTAL BUILDING SIZE

25,184 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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