296 Highland Ave - Auto Repair FOR SALE


Salem, MA 01970
$2,350,000 USD
978-741-3696
296 Highland Ave, Salem, MA for Sale
$2,350,000 USD
Auto Repair - FOR SALE
1/18
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296 Highland Ave
Salem, MA 01970


OVERVIEW

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 doors and five service 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.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$524 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

12.07 AC

LAND SF

525,769 SF

ZONING

B2

APN/PARCEL ID

SALE-000008-000000-000029

ASK ABOUT THIS PROPERTY

David HarkDrumlin Group IncMore Info
978-741-3696

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David HarkDrumlin Group IncMore Info
978-741-3696

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.