Property with Adjacent Development Land – 1 Dipietro Ave & 3 Swampscott Rd, Salem, MA This two-parcel offering presents a strategic opportunity in Salem’s expanding South Side commercial zone. The primary parcel, 1 Dipietro Avenue and Directly behind it lies 3 Swampscott Road, a 1.31-acre vacant lot with B-2 zoning, offering excellent development potential.Both parcels are zoned B-2 (Business-Highway District), supporting a broad array of commercial uses including office, retail, restaurants, contractor bays, automotive services, and more. Together, the properties provide approximately 1.85 acres of usable land, making them ideal for developers, owner-users, or investors seeking a phased redevelopment or hybrid income/development strategy. With close proximity to Highland Avenue (Route 107), Salem Hospital, and established business nodes, this site offers great long-term upside. Please note these parcels are being sold “as is”. Please do not walk the property without an appointment.
Current real estate data for Commercial in Salem as of Oct 28, 2025
11
Commercial Listed
260
Avg DOM
481
Avg $ / SqFt
$838,827
Avg List Price
Property Details
Price:
$575,000
MLS #:
73413342
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
Aug 4, 2025
Lot Size:
23,587 sqft / 0.54 acres (approx)
Year Built:
1964
Schools
Interior
Exterior
Parking Spots
4
Financial
Tax Year
2024
Taxes
$5,589
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Community
- Address1 Dipietro Avenue Salem MA
- CitySalem
- CountyEssex
- Zip Code01970
Subdivisions in Salem
Property Summary
- 1 Dipietro Avenue Salem MA is a Commercial for sale in Salem, MA, 01970. It is listed for $575,000 To schedule a showing of MLS#73413342 at 1 Dipietro Avenue in Salem, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.
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CRP: Certified Relocation Professional CRS: Certified Residential Specialist GRI: Graduate of Realtors Institute CBR: Certified Buyers Representative BSBA: Bachelor of Science in Business Administration. Babson College 1979 MBA: Master of Business Administration. Babson College 2002 James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…
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1 Dipietro Avenue
Salem, MA