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50 Grove St Salem, MA 01970
5,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 5,500 sqft
MLS Listing ID 73552571
HOA Y/N false
Year Built 1910
Annual Tax Amount $37,749
Tax Year 2026
Lot Size 1.780 Acres
Acres 1.78
Property Description
Lease primarily open 5,500 sq. ft, first floor space, featuring high ceilings and significant natural light. Superb visibilty and exposure at the intersection of Grove St., Harmony Grove Rd., and Mason St. Prior to the most recent light assembly user, the location was operated as a social club/function hall. The layout is conducive for various commercial uses. The property is accessible from Rts. 128, 114, 107, and 1A. It features a private commercial sink, shared restrooms with the adjacent tenant, and pro-rata/in-common on-site parking. Deal structure is triple net (proportionate share of RET, CAM, and Bldg. Ins. (currently runniung approximately $4.00 per sq. ft.), plus utilities. Walking distance is roughly 15-20 minute to the Commuter Rail Station and T Bus line.
Location
State MA
County Essex
Zoning BPD
Direction Rt. 1A, Rt.107, or Rt. 114, to Boston St in Salem to Grove St.
Others
Senior Community false
Listed by The Drumlin Group Inc.
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