FOR SALE
$ 549,000
116 Highland Avenue
Salem, MA 01970
General Commercial
Residence
4,045
Sq. Ft.
0.33
Acre Lot
1of
Map
Photos
Courtesy: Chris Everest - NORDLUND ASSOCIATES Chris Everest
Last Updated: 8/23/2017 5:53 AM
Great Investment Opportunity being sold under Assessed Value. Zoned R1 with a special permit for office Use; 116 Highland is a .372 Acre parcel & currently has a office/medical building, two stories with 4,675 total gross sf (4,045 usable) broken down reflects 1,945 usable first floor space and 2,100 usable second floor space. The building was previously used by an owner/occupant medical user but the site also lends itself as a valuable Retail Pad Site with direct frontage on Highland avenue within a superior retail trade node. Site is zoned R1 and could make an outstanding residential investment opportunity as well. Seller & Sellers broker make no representation to the building use, buyer must complete its own due diligence and zoning review. Could potentially be any number of income producing options in the busy hospital/retail trade area of Highland Avenue.
72212478
General Commercial, 2 Story
Essex
0.33 Acres
1966
Public Water Service
2
Public Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

People
Zip
City
County
National
42,869
776,043
321,418,820
5,111
1,538
89
2.2
2.6
2.6
37.1
40.6
37.4
$59,044
$68,776
$53,482
$31,965
$36,035
$28,555
 
Economy
Zip
City
County
National
4.60 %
4.40 %
5.20 %
0.30 %
1.30 %
1.60 %
36.00 %
38.30 %
38.00 %
6.25 %
6.25 %
6.00 %
5.10 %
5.10 %
4.60 %
138
148
100
 
Environment
Zip
City
County
National
34
87
1443
48.2
48.6
39.2
40.8
48.2
25.8
20.3
16.6
22.6
80.1
81.4
86.1
117
118
102
198
201
205
49
44
54
Source: Sperling's Best Places
Courtesy: Chris Everest - NORDLUND ASSOCIATES Chris Everest
John E. White License # 9516095 johnE.white@xome.com 844-400-XOME (9663) Xome Inc, License # 9622 6 Flintlock Road Salem, New Hampshire 03079

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