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207 Highland Ave # B, Salem MA 01970

Salem, MA 01970
$15
Est. $8,013/month
8,501
Sq Ft
$0
Price/Sq Ft
3.35
Acres
1970
Year Built
238
Days on Market
Active Listed Jul 1, 2025 • MLS# 73398786 Copied!

About this home

Lease rear portion of high exposure property located on Highland Ave. (Rt.107) at First St., in Salem. The site is adjacent to Market Basket and Target and is a mile from Salem Hospital/North Shore Children's Hospital. This section of the building contains 8,501+/- sq. ft. of mostly open, hi-bay, clear-span, space. It is suitable for numerous uses, including retail, wholesale, and fitness. Can potentially be converted to office, medical, educational, and service related businesses as well. There is plenty of on-site parking. Deal structure is triple net (NNN), approximately $6.50 per sq. ft. Available now.

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Property Overview

Listing Type
Commercial Lease
Year Built
1970
Living Area
8,501 sq ft

Facts & Features

Home Facts

Type Commercial Lease
Year Built 1970
Living Area 8,501 sq ft
Lot Size 3.35 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $93,753

Interior Features

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

Construction & Materials

Year Built: 1970
Structure Type:
Exterior Materials:
Roof:
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:

Location

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Neighborhood

207 Highland Ave # B, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

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

3 schools
C-
Horace Mann Laboratory School
0.5 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
0.8 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
C-
William A Welch Sr School
1.0 mi | #666 of 824 | Score: 37.6
Improved 124 spots from last year
-20.7 below state avg
408 students Diverse
Rising School
Grades K-05
M

Middle Schools

2 schools
C+
Collins Middle School
1.0 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
C+
J. Henry Higgins Middle School
1.8 mi | #240 of 352 | Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students Diverse
Grades 06-08
H

High Schools

3 schools
B
Salem High School
0.4 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
A-
Swampscott High School
1.8 mi | #98 of 346 | Score: 60.1
Dropped 66 spots from last year
+1.9 above state avg
706 students Moderate
18 sports • 1,578 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
B+
Salem Academy Charter School
1.8 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $7,813
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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.

Property History

Property Timeline

🏠
Listed for Sale
Jul 1, 2025
$15
Original listing
Agent: Mark Shapiro Office: The Drumlin Group Inc.

Price & Status History

Date Event Price Change
Jul 1, 2025 New Listing Added $15 —

Market Statistics

Days on Market
238 days
Price per Sq Ft
$0

Tax History

Year Taxes Assessment
2025 $93,753 —

Financial Details

Annual Property Tax
$93,753
Tax Year 2025

Listing Information

Listing Agent Mark Shapiro
Listing Office The Drumlin Group Inc.
Agent MLS ID CN226353
Office MLS ID C95118
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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Market Analytics for Salem, MA

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207 Highland Ave # B, Salem MA 01970 - Photo 1 207 Highland Ave # B, Salem MA 01970 - Photo 2 207 Highland Ave # B, Salem MA 01970 - Photo 3 207 Highland Ave # B, Salem MA 01970 - Photo 4 207 Highland Ave # B, Salem MA 01970 - Photo 5 207 Highland Ave # B, Salem MA 01970 - Photo 6 207 Highland Ave # B, Salem MA 01970 - Photo 7 207 Highland Ave # B, Salem MA 01970 - Photo 8 207 Highland Ave # B, Salem MA 01970 - Photo 9 207 Highland Ave # B, Salem MA 01970 - Photo 10 207 Highland Ave # B, Salem MA 01970 - Photo 11 207 Highland Ave # B, Salem MA 01970 - Photo 12 207 Highland Ave # B, Salem MA 01970 - Photo 13
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