$1,899,000
Active13 Central Street
Salem, MA, 01970
Commercial · MLS #73540070
Days on market
70 days
Lot size
0.09 ac
0.09 acres
Lot
About this home
PRICE ADJUSTMENT! Rare chance to acquire a prominent 6,442 SF mixed-use commercial building in the heart of downtown Salem. This three-story property features a well-established first-floor restaurant and residential apartments on the second and third floors, providing diversified income and a strong, consistent rental history. Set on a historically significant site tied to Salems colonial and Revolutionary-era past, the property is marked by a plaque commemorating The London Coffee House, a notable gathering place dating to 1698. Its highly visible, walkable downtown location offers easy access to Salems shops, restaurants, cultural attractions, and year-round tourism. With long-term tenants, stable occupancy, and value-add potential, this building represents an attractive investment opportunity.
Price history
Listed
Jun 23, 2026 · 2 mo ago
$2,290,000
Price reduced
Aug 24, 2026 · 8 days ago
$1,899,000
Price upon request (-17.1%)
Location
13 Central Street, Salem, MA, 01970
Property details
- Parking
- Common
Listed by Stephen Velonis · Coldwell Banker Realty - Lynnfield
Schedule a showing
13 Central Street
Estimated payment
$12,453 / month
Loan term
- Principal & interest
- $9,763
- Property tax
- $1,899
- Home insurance
- $791
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).
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