50 Grove St, Salem, MA 01970
50 Grove St, Salem, MA 01970
50 Grove St, Salem, MA 01970
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5,500 SqFt
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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 minutes 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


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Listed by The Drumlin Group Inc.
Kimberly Winslow

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(413) 374-3186

realtorkimwins@gmail.com

39899 BalentineDr, Suite 200, Newark, MA 94560, USA

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50 Grove St