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Well located 1787 Gambrel office building directly across from courthouse , 1 block to train and parking garage. Currently used as Attorney At Law Office but there may be an option to convert to a residential property. Huge plus is the off street parking allowing for 2-4 car tandem parking. There are 4 -6 offices, reception area and conference room and law library, 2 half baths and 2 small kitchen areas. The building also has central air and is within moments to banks, restaurants. Very high “in and out” index. Motivated seller.
Current real estate data for Single Family in Salem as of Jan 26, 2026
34
Single Family Listed
207
Avg DOM
367
Avg $ / SqFt
$857,725
Avg List Price

Property Details

Price:
$669,000
MLS #:
73464715
Status:
Active
Beds:
4
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
downtown
Listed Date:
Jan 2, 2026
Finished Sq Ft:
2,434
Total Sq Ft:
2,434
Lot Size:
1,951 sqft / 0.04 acres (approx)
Year Built:
1787
DowntownDowntown

Schools

Interior

Appliances
Gas Water Heater, Electric Water Heater
Bathrooms
2 Half Bathrooms
Cooling
Central Air
Heating
Central

Exterior

Architectural Style
Colonial, Antique
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
Construction Materials
Frame
Parking Features
Paved Drive, Off Street, Tandem
Parking Spots
4
Roof
Shingle, Wood

Financial

Tax Year
2026
Taxes
$11,422

Map

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Community

Property Summary

    47 Federal Street Salem MA is a Single Family for sale in Salem, MA, 01970. It is listed for $669,000 and features 4 beds, 1 baths, and has approximately 2,434 square feet of living space, and was originally constructed in 1787. The current price per square foot is $275. The average price per square foot for Single Family listings in Salem is $367. The average listing price for Single Family in Salem is $857,725. To schedule a showing of MLS#73464715 at 47 Federal Street 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.,…

More About James
47 Federal Street
Salem, MA