8 Essex St, Salem MA 01970
Salem, MA 01970
$749,000
Est. $4,915/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
An exceptional opportunity for an owner-occupant, this freestanding office building was renovated to the studs in 2006 by its current owner for their own use, with a level of quality rarely found in typical commercial space. Thoughtfully designed, it is configured with 3 private offices/rooms, reception area, task space, shared workspace, and easily accessible basement storage. Major updates include 200-amp service, open cell insulation in the walls and closed cell insulation in the roof, central air and furnace replaced in 2021, and a 2021 hot water heater. Quality Pella and Andersen windows reflect the care invested throughout. A side entrance provides easy wheelchair access. The location offers an ideal balance—close to everything yet just outside the bustle of downtown Salem. The Beverly Bridge is nearby, Collins Cove less than a minute, and Derby Street and downtown Salem are within walking distance. Easy on-street parking adds convenience for employees and clients. A rare, move-in-ready professional building in a highly accessible Salem location..
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Property History
Property Timeline
Listed for Sale
Sep 9, 2026
$749,000
Original listing
Agent: Michael Selbst
Office: Gibson Sotheby's International Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/09/2026 | 🏠 Listed for Sale | $749,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $11,135 | — |
Financial Details
Annual Property Tax
$11,135
Tax Year 2026
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1800
Living Area
1,428 sq ft
Lot Size
0.04 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
$11,135
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Driveway/access Easement For Condo Units At 8r Essex (behind 8 Essex)
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
For Sale
Year Built
1800
Living Area
1,428 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1800
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
Elementary Schools
3 schools
C+
Bentley Academy Innovation School
0.4 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
0.4 mi
107 students
Diverse
Diverse Student Body
Grades PK
B-
Carlton School
0.5 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
Middle Schools
3 schools
B-
Collins Middle School
1.3 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
B+
Village School
1.8 mi
|
#266 of 825
|
Score: 51.8
Dropped 77 spots from last year
-6.4 below state avg
480 students
Less Diverse
Strong Attendance
Grades 04-06
B+
Marblehead Community Charter Public School
2.0 mi
|
#109 of 352
|
Score: 48.5
Improved 100 spots from last year
-9.7 below state avg
226 students
Moderate
Rising School
Grades 04-08
High Schools
3 schools
B+
Salem Academy Charter School
0.6 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
Bishop Fenwick High School
1.8 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
B+
Salem High School
1.9 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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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
$928
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
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
8 Essex St, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Michael Selbst
Listing Office
Gibson Sotheby's International Realty
Office Phone
978-526-0243
Agent MLS ID
BB804690
Office MLS ID
AN6133
Listing Data Updated
Sep 13, 2026 4:05 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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