BMN Boston

Get our mobile app!

Download on the App Store

97 Boston St, Salem MA 01970

Salem, MA 01970
$875,000
Est. $5,508/month
3,660
Sq Ft
$239
Price/Sq Ft
0.18
Acres
1784
Year Built
Withdrawn Listed Aug 11, 2025 • MLS# 73416407 Copied!

About this home

This prime multi-tenant investment opportunity is strategically located in the heart of Salem with excellent accessibility to major highways, public transportation, and neighboring communities, and presents a rare investment or owner-occupant opportunity. The property consists of two spacious commercial units: the first floor is currently leased at will, this unit includes two private restrooms and a dedicated entrance, providing stable rental income. The second floor space is owner-occupied and operating as a salon. This unit features a private restroom and flexible layout suited for a variety of professional or personal service uses. Front and rear entrances for each unit, two oil heating systems, central air conditioning, solar panels, and on-site parking for up to 11 vehicles. All information was obtained from the Seller and reliable public sources. Prospective buyers should perform due diligence in all matters of a contemplated acquisition.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

Property Overview

Listing Type
Commercial Sale
Year Built
1784
Living Area
3,660 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1784
Living Area 3,660 sq ft
Lot Size 0.18 acres

Interior

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

Exterior

Construction None
Architecture None
Roof Asphalt/composition Shingles
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, 110 Volts

Financial

Annual Tax $10,607

Interior Features

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

Construction & Materials

Year Built: 1784
Structure Type:
Exterior Materials:
Roof: Asphalt/Composition Shingles
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

Loading map...

Neighborhood

97 Boston St, Salem MA 01970

Salem, MA 01970

Walkability

Loading Walk Score...

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
< 0.1 mi
Grades PK-08
The Greenhouse School
1.8 mi
Grades PK-08
B
Witchcraft Heights School
0.5 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-
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+
Bates School
1.1 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-
Saltonstall School
1.1 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
1.4 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
1.7 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
1.7 mi
106 students Diverse
Diverse Student Body
Grades PK
M

Middle Schools

1 school
C+
Collins Middle School
0.5 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
1.3 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
1.0 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

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 $884
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
Aug 11, 2025
$875,000
Original listing
Agent: Faulkner Commercial Group Office: Keller Williams Realty

Price & Status History

Date Event Price Change
Aug 11, 2025 New Listing Added $875,000

Market Statistics

Time on Market
Price per Sq Ft
$239

Tax History

Year Taxes Assessment
2025 $10,607

Financial Details

Annual Property Tax
$10,607
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.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

97 Boston St, Salem MA 01970 - Photo 1 97 Boston St, Salem MA 01970 - Photo 2 97 Boston St, Salem MA 01970 - Photo 3 97 Boston St, Salem MA 01970 - Photo 4 97 Boston St, Salem MA 01970 - Photo 5 97 Boston St, Salem MA 01970 - Photo 6 97 Boston St, Salem MA 01970 - Photo 7 97 Boston St, Salem MA 01970 - Photo 8 97 Boston St, Salem MA 01970 - Photo 9 97 Boston St, Salem MA 01970 - Photo 10 97 Boston St, Salem MA 01970 - Photo 11 97 Boston St, Salem MA 01970 - Photo 12 97 Boston St, Salem MA 01970 - Photo 13 97 Boston St, Salem MA 01970 - Photo 14 97 Boston St, Salem MA 01970 - Photo 15 97 Boston St, Salem MA 01970 - Photo 16 97 Boston St, Salem MA 01970 - Photo 17 97 Boston St, Salem MA 01970 - Photo 18 97 Boston St, Salem MA 01970 - Photo 19 97 Boston St, Salem MA 01970 - Photo 20 97 Boston St, Salem MA 01970 - Photo 21 97 Boston St, Salem MA 01970 - Photo 22 97 Boston St, Salem MA 01970 - Photo 23 97 Boston St, Salem MA 01970 - Photo 24 97 Boston St, Salem MA 01970 - Photo 25 97 Boston St, Salem MA 01970 - Photo 26 97 Boston St, Salem MA 01970 - Photo 27 97 Boston St, Salem MA 01970 - Photo 28 97 Boston St, Salem MA 01970 - Photo 29 97 Boston St, Salem MA 01970 - Photo 30
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Schedule a Tour