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71 Loring Ave # 100, Salem MA 01970

Salem, MA 01970
$16
Est. $21,728/month
8,000
Sq Ft
$0
Price/Sq Ft
31.90
Acres
1936
Year Built
407
Days on Market
Active Listed Jan 13, 2025 • MLS# 73325503 Copied!

About this home

Available for lease at The Enterprise Center (TEC) is Unit 100, a flex commercial space suitable for various office, light assembly, receiving & distribution uses. It consists of approximately 8,000 sq. ft. TEC sits on the campus of Salem State University. Unit 100 features 3 entrance points including a set of double doors. There is access to a shared loading dock with an enclosed shipping/receiving area. The floor plan is primarily open, but does contain 1-2 private offices, storage rooms, and a larger staging area or showroom. Ceiling height is approx. 10'-11'. Shared restrooms are located in common area adjacent to the space, with another set located down the hall. TEC offers plenty of non-reserved on-site parking. Tenants have access to an in-house kitchenette, break room/lounge, conference rooms, and a training facility. The base rent is net of utilities (electric & gas) and real estate taxes.

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Property Overview

Listing Type
Commercial Lease
Year Built
1936
Living Area
8,000 sq ft

Facts & Features

Home Facts

Type Commercial Lease
Year Built 1936
Living Area 8,000 sq ft
Lot Size 31.90 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 $258,332

Interior Features

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

Construction & Materials

Year Built: 1936
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

71 Loring Ave # 100, 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
The Greenhouse School
0.2 mi
Grades PK-08
C-
Horace Mann Laboratory School
0.9 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-
Saltonstall School
0.9 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
M

Middle Schools

3 schools
C+
Collins Middle School
1.1 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
B+
Village School
1.4 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
A-
Marblehead Veterans Middle School
1.7 mi | #83 of 352 | Score: 51.5
Dropped 30 spots from last year
-6.7 below state avg
411 students Less Diverse
Grades 07-08
H

High Schools

3 schools
B
Salem High School
0.9 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
B+
Salem Academy Charter School
1.2 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
A-
Marblehead High School
1.5 mi | #80 of 346 | Score: 62.1
Dropped 37 spots from last year
+3.9 above state avg
861 students Less Diverse
20 sports • 2,426 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
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 $21,528
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
Jan 13, 2025
$16
Original listing
Agent: Mark Shapiro Office: The Drumlin Group Inc.

Price & Status History

Date Event Price Change
Jan 13, 2025 New Listing Added $16 —

Market Statistics

Days on Market
407 days
Price per Sq Ft
$0

Tax History

Year Taxes Assessment
2024 $258,332 —

Financial Details

Annual Property Tax
$258,332
Tax Year 2024

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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