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373 Highland Ave # 2, Salem MA 01970

Salem, MA 01970
$15
Est. $6,885/month
20,000
Sq Ft
$0
Price/Sq Ft
4.34
Acres
2023
Year Built
172
Days on Market
Active Price Drop -$3 Listed Sep 5, 2025 • MLS# 73426657 Copied!

About this home

Now Available: 20,000sf of new industrial space on the street level of this beautiful facility built in 2023. Clean space with a freight elevator to the lower-level docks. 12' clear height space. The common area includes the kitchen/ dining area, ADA restrooms, and an employee locker room. Abundant parking for employees. This is a NNN lease; the tenant will be responsible for utilities and proportionate NNN expenses in addition to base rent. 5-year lease term preferred. The landlord will consider leasing additional space. Prospective tenants are encouraged to perform due diligence in all aspects of a contemplated lease.

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Property Overview

Listing Type
Commercial Lease
Year Built
2023
Living Area
20,000 sq ft

Facts & Features

Home Facts

Type Commercial Lease
Year Built 2023
Living Area 20,000 sq ft
Lot Size 4.34 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 Public Water, Public Sewer, Natural Gas Available, 440 Volts, Three Phase

Financial

Annual Tax $80,224

Interior Features

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

Construction & Materials

Year Built: 2023
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

373 Highland Ave # 2, 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

9 schools
The Greenhouse School
1.8 mi
Grades PK-08
The Phoenix School
1.9 mi
Grades PK-08
C-
Horace Mann Laboratory School
1.2 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
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
B-
Saltonstall School
2.2 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+
Bates School
2.9 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-
Carlton School
3.1 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
3.3 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
3.3 mi
106 students Diverse
Diverse Student Body
Grades PK
M

Middle Schools

1 school
C+
Collins Middle School
1.7 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
2.6 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
1.1 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
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 $6,685
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
Sep 5, 2025
$15
Original listing
Agent: Faulkner Commercial Group Office: Keller Williams Realty

Price & Status History

Date Event Price Change
Sep 5, 2025 New Listing Added $15 —

Market Statistics

Days on Market
172 days
Price per Sq Ft
$0
Total Price Drop
-$3

Tax History

Year Taxes Assessment
2025 $80,224 —

Financial Details

Annual Property Tax
$80,224
Tax Year 2025

Listing Information

Listing Agent Faulkner Commercial Group
Listing Office Keller Williams Realty
Agent MLS ID TM200171
Office MLS ID G95022
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

Real-time market trends and pricing data for this area

373 Highland Ave # 2, Salem MA 01970 - Photo 1 373 Highland Ave # 2, Salem MA 01970 - Photo 2 373 Highland Ave # 2, Salem MA 01970 - Photo 3 373 Highland Ave # 2, Salem MA 01970 - Photo 4 373 Highland Ave # 2, Salem MA 01970 - Photo 5 373 Highland Ave # 2, Salem MA 01970 - Photo 6 373 Highland Ave # 2, Salem MA 01970 - Photo 7 373 Highland Ave # 2, Salem MA 01970 - Photo 8 373 Highland Ave # 2, Salem MA 01970 - Photo 9 373 Highland Ave # 2, Salem MA 01970 - Photo 10 373 Highland Ave # 2, Salem MA 01970 - Photo 11 373 Highland Ave # 2, Salem MA 01970 - Photo 12 373 Highland Ave # 2, Salem MA 01970 - Photo 13 373 Highland Ave # 2, Salem MA 01970 - Photo 14 373 Highland Ave # 2, Salem MA 01970 - Photo 15 373 Highland Ave # 2, Salem MA 01970 - Photo 16 373 Highland Ave # 2, Salem MA 01970 - Photo 17 373 Highland Ave # 2, Salem MA 01970 - Photo 18 373 Highland Ave # 2, Salem MA 01970 - Photo 19 373 Highland Ave # 2, Salem MA 01970 - Photo 20
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BMN Boston Real Estate

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