$675,000 - Price Reduction

$675,000 342 Highland Ave Salem, MA

MLS: 71925831   Type: Commercial   County: Essex   City: Salem   Zip: 01970   Style: Commercial     Taxes: $6,843

Mortgage $3,169 /mo



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Two parcels containing almost 1acre of B2 zoned land. Highly visible retail/commercial/office/medical development site with 379 feet of Highland Ave, (Rt.107) frontage, at the corner of Barcelona Ave. The land is diagonally across from Swampscott Rd., linking Salem and Peabody to Marblehead and Swampscott. The property is situated between Walmart to the south, and Target, Home Depot, Shaw's, Market Basket, and Salem Hospital to the north. This commercial corridor features a high traffic count. Environmental report available for serious Buyer. The primary trade area consists of Salem, Lynn, Swampscott, Marblehead, and Peabody. The two lots consist of approximately 26,000+ and 14,000+ sq. ft. respectively.

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Price History

10/30/2015 Listed $975,000
11/11/2015 9% - $895,000
9/12/2016 8% - $825,000
2/13/2017 19% - $675,000

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Property vs Zip Code Avg (01970)

Price 675K Avg 193K

Taxes $6,843 Avg $3,535,070

Acres 0.33 Avg 3.05

Visits 9 Avg 11

Days on Site 659 Avg 232

Walkscore® 44 Avg 74

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Listing Provided Courtesy Of: David Hark with The Drumlin Group Inc..

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Location & Address

eXp Realty Massachusetts
190 Haverhill St, #336
Methuen, MA