$2,625,000
191 A Elm Street # 191A
Salisbury, MA, 01952
Income-Producing Commercial Office Investment | Salisbury, MAPosition your portfolio for growth with this commercial office investment at 191 A Elm Street in Salisbury! Offering approximately 13,700 square feet of building area, this property presents an opportunity for investors seeking an established commercial asset with existing rental income and additional leasing potential.The property features approximately 4,087 square feet of net rentable space, with reported occupancy of approximately 73%, offering an opportunity to build on the existing tenancy and explore additional income potential as available space is leased.With reported net operating income of approximately $171,800 and a reported capitalization rate of 6.54%, the property provides an attractive starting point for investors evaluating income-producing commercial real estate. Buyers should independently verify all financial information, operating expenses, leases, and occupancy details.The office property is situated in Salisbury, a convenient North Shore location with access to major highways, nearby commercial amenities, and the Greater Newburyport area. Its regional accessibility makes it worth consideration for investors seeking a commercial property in the Southern New Hampshire and Massachusetts coastal market.Whether you’re expanding an existing portfolio, seeking commercial rental income, or evaluating opportunities to enhance occupancy and long-term performance, 191 A Elm Street offers a compelling investment opportunity.
Property Details
Price:
$2,625,000
MLS #:
73060116
Status:
Active
Beds:
0
Baths:
5
Type:
Commercial
Listed Date:
Nov 21, 2022
Finished Sq Ft:
13,700
Total Sq Ft:
13,700
Lot Size:
9,999 sqft / 0.23 acres (approx)
Year Built:
1988
Schools
Interior
Exterior
Financial
Tax Year
2022
Taxes
$13,415
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…
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Map
Current real estate data for Commercial in Salisbury as of Nov 08, 2026
6
Commercial Listed
357
Avg DOM
237
Avg $ / SqFt
$1,978,967
Avg List Price
Community
- Address191 A Elm Street # 191A Salisbury MA
- CitySalisbury
- CountyEssex
- Zip Code01952
Subdivisions in Salisbury
Similar Listings Nearby
Property Summary
- 191 A Elm Street # 191A Salisbury MA is a Commercial for sale in Salisbury, MA, 01952. It is listed for $2,625,000 To schedule a showing of MLS#73060116 at 191 A Elm Street # 191A in Salisbury, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of eXp Realty. 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.
191 A Elm Street # 191A
Salisbury, MA