116 Highland AvenueSalem, MA 01970MLS Number 72212478

  • Price: $549,000
  • 10 Days on Market
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Federal 30-year interest rate: 4.03% last updated on Jul 13, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.33Acreage
  • 4045Square Feet
  • 116Street No
  • 2No Stories

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Great Investment Opportunity being sold under Assessed Value. Zoned R1 with a special permit for office Use; 116 Highland is a .372 Acre parcel & currently has a office/medical building, two stories with 4,675 total gross sf (4,045 usable) broken down reflects 1,945 usable first floor space and 2,100 usable second floor space. The building was previously used by an owner/occupant medical user but the site also lends itself as a valuable Retail Pad Site with direct frontage on Highland avenue within a superior retail trade node. Site is zoned R1 and could make an outstanding residential investment opportunity as well. Seller & Sellers broker make no representation to the building use, buyer must complete its own due diligence and zoning review. Could potentially be any number of income producing options in the busy hospital/retail trade area of Highland Avenue.

Listed by Chris Everest of Nordlund Associates

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Basic Information

Exterior

Location

  • Street No116
  • Building Number116
  • StreetHighland Avenue
  • Zip01970
  • StateMA
  • CountyEssex
  • TownSalem

Property

  • Acreage0.33
  • Parking Spaces33
  • Space AvailableFor Sale
  • Lot Size14523
  • Square Feet4045

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Building

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Sagan Realtors
Office: 781-593-6111
300 Salem Street
Swampscott, MA 01907

The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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