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. All buyers must conduct their own due diligence.

Property Details

Price:
$675,000
MLS #:
73413343
Status:
Active
Beds:
0
Baths:
0
Address:
3 Swampscott Road
Type:
Commercial
City:
Salem
Listed Date:
Aug 4, 2025
State:
MA
ZIP:
01970
Lot Size:
29,621 sqft / 0.68 acres (approx)
Year Built:
1970

Schools

Interior

Exterior

Financial

Tax Year
2024
Taxes
$5,640

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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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3 Swampscott Road
Salem, MA