$5,900,000
63 Grove St
Salem, MA, 01970
An excellent investment opportunity in Salem’s most active redevelopment area. Over 62,000 sq ft of development potential. Located two miles from central Salem and Peabody city line. Concrete block and steel construction. The first level is an industrial warehouse with heavy power. The second level is 5,500 sq ft of renovated office space with separate HVAC. A drive-in door and five loading dock doors with one dock accommodating interior loading. Great upside in this emerging neighborhood! Buyer/buyer’s agent to perform your own due diligence.
Property Details
Price:
$5,900,000
MLS #:
73325881
Status:
Active
Beds:
0
Baths:
3
Address:
63 Grove St
Type:
Commercial
City:
Salem
Listed Date:
Jan 14, 2025
State:
MA
Finished Sq Ft:
34,308
Total Sq Ft:
34,308
ZIP:
01970
Lot Size:
62,726 sqft / 1.44 acres (approx)
Year Built:
1953
Schools
Interior
Exterior
Parking Spots
30
Financial
Tax Year
2024
Taxes
$42,763
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Similar Listings Nearby
- 130 Centre St
Danvers, MA$5,100,000
4.41 miles away
- 260-276 way Lynn
Lynn, MA$4,950,000
4.68 miles away
Courtesy of Century 21 North East. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
63 Grove St
Salem, MA
LIGHTBOX-IMAGES