High visibility retail site once a restaurant and currently a used car dealership with service bays. This is a 12+ acre site. Most of the parcel is zoned R-1 and could be used for a residential subdivision. The land parcel has a 60′ wide easement from Crosby Street which is off of Marlborough Road. Building has two drive in bays, office areas and customer areas. Loading dock in the rear of the building. B-2 zoning for the front section allows a large number of retail, office and other service uses.

Property Details

Price:
$2,350,000
MLS #:
73293079
Status:
Active
Beds:
0
Baths:
0
Address:
296 Highland Ave
Type:
Commercial
City:
Salem
Listed Date:
Sep 20, 2024
State:
MA
Finished Sq Ft:
4,488
Total Sq Ft:
4,488
ZIP:
01970
Lot Size:
524,654 sqft / 12.04 acres (approx)
Year Built:
1950

Schools

Interior

Exterior

Parking Spots
60

Financial

Tax Year
2024
Taxes
$37,035

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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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296 Highland Ave
Salem, MA