$ 2,350,000
296 Highland Ave Salem, MA 01970
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$ 2,350,000
Est. payment /mo
Price Dropped by $150K
296 Highland Ave Salem, MA 01970
4,488 SqFt
UPDATED:
10/19/2024 07:05 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,488 sqft
Price per Sqft $523
MLS Listing ID 73293079
HOA Y/N false
Year Built 1950
Annual Tax Amount $37,034
Tax Year 2024
Lot Size 12.040 Acres
Acres 12.04
Property Description
High visibility retail site once a restaurant and currently a used car dealership with service bays. This is a 12+ acre site. Most of the parcel is zoned R-1 and could be used for a residential subdivision. The land parcel has a 60' wide easement from Crosby Street which is off of Marlborough Road. Building has two drive in bays, office areas and customer areas. Loading dock in the rear of the building. B-2 zoning for the front section allows a large number of retail, office and other service uses.
Location
State MA
County Essex
Zoning B2
Direction Route 107 Southbound between Marlborough Road and Swampscott Road opposite Town Fair Tire.
Exterior
Waterfront false
Total Parking Spaces 60
Others
Senior Community false
Listed by The Drumlin Group Inc.