18 Boston, Salem MA 01970

Salem, MA 01970 • Gallows Hill
$1,395,000
Est. $8,127/month
1,395
Sq Ft
$1,000
Price/Sq Ft
0.10
Acres
1920
Year Built
4 hours 1 minute
Time on Market
For Sale Listed Sep 2, 2026 • MLS# 73571018 Copied! • Updated Sep 2, 2026

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About this home

Exciting opportunity to own and operate your own neighborhood package store in a highly visible corner location! Situated at 18 Boston Street in Salem, this established retail liquor store offers excellent exposure, convenient customer access and strong potential for an owner-operator or investor. The store features a selection of beer, wine and spirits, along with Mega Millions, other lottery games and scratch tickets. A great opportunity to step into an existing retail location and build upon its established presence. Business, real estate and license details are subject to the terms of the sale and applicable approvals. Store inventory is not included in the sale price but may be purchased separately.

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Property History

Property Timeline

🏠
Listed for Sale
Sep 2, 2026
$1,395,000
Original listing
Agent: Onnelly T. Parslow Office: Berkshire Hathaway HomeServices Warren Residential

Tax History

Year Taxes Assessment
2026 $10,477

Financial Details

Annual Property Tax
$10,477
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1920
Living Area 1,395 sq ft
Lot Size 0.10 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Sewer Available

Financial

Annual Tax $10,477
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Included In This Sale: Real Property, Business And Business Licenses. Inventory Is Not Included In This Sale But Can Be Purchased Outside Of The Sale.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
For Sale
Year Built
1920
Living Area
1,395 sq ft

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials:
Roof: Rubber
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:
School District
Salem School District local
B-
School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
1.9% below state avg
E

Elementary Schools

9 schools
The Phoenix School
0.2 mi
Grades PK-08
The Greenhouse School
1.6 mi
Grades PK-08
B
Witchcraft Heights School
0.7 mi | #339 of 825 | Score: 49.4
Improved 211 spots from last year
-8.8 below state avg
465 students Diverse
Rising School Diverse Student Body
Grades K-05
C
Horace Mann Laboratory School
0.8 mi | #653 of 825 | Score: 38.1
Improved 68 spots from last year
-20.1 below state avg
320 students Diverse
Rising School Diverse Student Body
Grades PK-05
C+
Saltonstall School
0.9 mi | #526 of 825 | Score: 43.9
Improved 42 spots from last year
-14.3 below state avg
267 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
B+
Bates School
1.2 mi | #318 of 825 | Score: 50.0
Improved 261 spots from last year
-8.2 below state avg
415 students Diverse
Rising School Diverse Student Body
Grades PK-05
B-
Carlton School
1.2 mi | #470 of 825 | Score: 45.5
Dropped 49 spots from last year
-12.7 below state avg
249 students Diverse
Diverse Student Body
Grades K-05
C+
Bentley Academy Innovation School
1.6 mi | #532 of 825 | Score: 43.7
Improved 179 spots from last year
-14.5 below state avg
277 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.6 mi
107 students Diverse
Diverse Student Body
Grades PK
M

Middle Schools

1 school
B-
Collins Middle School
0.3 mi | #203 of 352 | Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
1.0 mi | #141 of 346 | Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B+
Salem High School
0.9 mi | #124 of 346 | Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $873
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

Gallows Hill

18 Boston, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Onnelly T. Parslow
Listing Office Berkshire Hathaway HomeServices Warren Residential
Office Phone 617-848-9616
Agent MLS ID NB900211
Office MLS ID AN2213
Listing Data Updated Sep 2, 2026 10:34 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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