3-5 Harbor St, Salem MA 01970

Salem, MA 01970

$599,900

Est. $4,197/month

0.05

Acres

1952

Year Built

11 minutes

Time on Market

Active Listed Jul 8, 2026 • MLS# 73546417 Copied! • Updated Jul 8, 2026

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About this home

Conveniently located one-story, walk-in, retail building available for sale. Former bank branch, in high traffic area, currently a raw, vacant, open space with brand new floors, that is build out ready for whatever business you desire and Salem will allow. Property kept in great shape with many improvements including new roof, new HVAC, replacement windows, and new 200 amp electrical service. Features an open, flexible floor plan with updated kitchen, handicapped accessible bathrooms, AND 1485 sf of additional useable bonus basement/workshop space, with ample ceiling height.

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Property History

Property Timeline

🏠

Listed for Sale

Jul 8, 2026

$599,900

Original listing

Agent: Michael Albano Office: ERA Metropolitan Homes

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
07/08/2026	🏠 Listed for Sale	$599,900	-	-	Original listing

Tax History

Year	Taxes	Assessment
2024	$11,558	—

Financial Details

Annual Property Tax

$11,558

Tax Year 2024

Facts & Features

Home Facts

Type Commercial Sale

Year Built 1952

Lot Size 0.05 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 $11,558

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type []

Documents None

County Essex

Property Overview

Listing Type

Commercial Sale

Year Built

1952

Room Details

Other Floor

Bathroom1

Bedroom5

Bedroom4

Bedroom3

Dining Room

Kitchen

Bathroom2

Bedroom2

Living Room

Bathroom3

Master Bedroom

Office

Family Room

Master Bathroom

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1952

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:

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

9 schools

The Phoenix School

0.9 mi

Grades PK-08

The Greenhouse School

1.4 mi

Grades PK-08

B-

Saltonstall School

0.3 mi | #460 of 824 | Score: 45.8

Improved 108 spots from last year

-12.4 below state avg

412 students Diverse

Rising School

Grades K-05

B-

Carlton School

1.0 mi | #468 of 824 | Score: 45.6

Dropped 47 spots from last year

-12.6 below state avg

247 students Diverse

Grades K-05

C+

Bentley Academy Innovation School

1.0 mi | #568 of 824 | Score: 42.3

Improved 143 spots from last year

-16 below state avg

286 students Moderate

Rising School

Grades PK-05

Salem Early Childhood School

1.0 mi

106 students Diverse

Diverse Student Body

Grades PK

C-

Horace Mann Laboratory School

1.1 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+

Bates School

1.4 mi | #325 of 824 | Score: 50.0

Improved 254 spots from last year

-8.2 below state avg

410 students Diverse

Rising School Diverse Student Body

Grades PK-05

B

Witchcraft Heights School

1.4 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

M

Middle Schools

1 school

C+

Collins Middle School

0.6 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

H

High Schools

2 schools

B+

Salem Academy Charter School

0.4 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

B

Salem High School

1.2 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

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Location

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Neighborhood

3-5 Harbor St, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Michael Albano

Listing Office ERA Metropolitan Homes

Office Phone 617-425-6300

Agent MLS ID BB800449

Office MLS ID AN9524

Listing Data Updated Jul 8, 2026 11:00 AM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 800 - 9008 contact@bmnboston.com

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