0 Confidential Way Salem, MA ^$ 1,650,000

0 Confidential Way

^$ 1,650,000

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0 Confidential Way

Salem, MA, 01970

^$ 1,650,000

Studio Baths3.0 Sq 4,314

Monthly Estimate*

^$ 10,966

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Studio

Commercial Property for sale in Salem, MA

for $1,650,000 with 3 full baths. This 4,314 square foot building was built in 1900 on a lot size of 0.08.

Welcome to the historic area of Salem, where tradition meets modern convenience. Nestled within the vibrant streets is a remarkable mixed-use building, offering a restaurant on the first floor, while the second and third floors house two residential units with spacious living spaces, thoughtfully designed with modern finishes and a touch of historic charm. Your dream of restaurant ownership awaits you with a spacious dining area, adorned with stylish decor and lots of natural light. With a seating capacity of approximately 90, this restaurant creates an ideal space for patrons to enjoy a casual time at the bar, dining in the main area or outdoor seating on the patio.The location is in an area where tourists can explore the rich history and vibrant energy of Salem, with its captivating landmarks and cultural attractions just moments away, but also is well attended by the locals in the area.

Commercial Active

Price

^$ 1,650,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 14,646

Style

Lot Size

0.08

Year Built

1900

Town/City

Salem

County/Region

Essex

MLS | Web ID

73116629

List By

Julie Sagan

Listing Agent

Sagan Harborside Sotheby's International Realty

Broker

Affordability Calculator

$12,187

Per Month

Monthly Principal & Interest: $10,966
Monthly Property Taxes: $1,221
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Commerical listings in Salem, MA

Average List Price ^$2,474,725

Percent of Sale Price 50%

About Salem, MA

44,026 Population

9% Since 2002

^$64,141 Median Income

39.51 Median Age

23% Households with Children

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Trends Information provided by ATTOM Data Solutions.

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Pricing History

Date	Price	Price Change	Description
5/14/2024	$1,650,000		Listed Price

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0 Confidential Way, Salem, MA, 01970 is a Commercial Property for sale at $1,650,000 with 4,314 sqft and a lot size of 0.08. 0 Confidential Way is a studio with 3.0 baths and was built in 1900. The property's zip code is 01970 which is in Salem, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 6/3/2024.

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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0 Confidential Way

Commercial Property for sale in Salem, MA

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