617-457-3336
265 Essex St, Salem, MA for Sale
Office - FOR SALE
1/12
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265 Essex St
Salem, MA 01970
Downtown Salem


HIGHLIGHTS

  • Durable in-place cash flow with upside potential
  • 100% Leased to diverse, local tenancy
  • Ideal Opportunity for investors and/or 1031 exchange buyers
  • Strategic location off Route 114 and close proximity to Route 128 and Interstate 95
  • Prominently positioned in Downtown Salem surrounded by a wealth of area amenities

OVERVIEW

As exclusive listing agent, Hunneman is pleased to offer for sale 265 Essex Street (“Property”), a prominent brick office building in vibrant downtown Salem, MA. 265 Essex Street is a ±14,176 RSF Class B office building strategically located off Route 114, with close proximity to Route 128 and Interstate 95. Situated along one of Salem’s most active corridors and close to Salem’s most popular destinations – 265 Essex Street receives tremendous foot traffic. 265 Essex Street is a stabilized investment opportunity, and is positioned for long-term upside, providing an ideal opportunity for investors to acquire a premier office building.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1916

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

B5

APN/PARCEL ID

SALE-000026-000000-000445

ASK ABOUT THIS PROPERTY

Bill RandHunnemanMore Info
617-457-3336

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Bill RandHunnemanMore Info
617-457-3336

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.