$2,290,000
Active13 Central Street
Salem, MA, 01970
Commercial · MLS #73540070
Days on market
13 days
Lot size
0.09 ac
0.09 acres
Lot
About this home
Rare opportunity to own a prominent mixed-use commercial building totaling 6,442SF in the heart of downtown Salem. This three-story property features a well-established restaurant on the 1st flr & residential apartments on the 2nd & 3rd flrs, creating a diversified income stream with a strong & consistent rental history. Steeped in history, the property occupies a historically significant location connected to Salems colonial & revolutionary-era past. The site is commemorated by a historical marker recognizing The London Coffee House, a notable colonial gathering place dating back to 1698 that served as an important meeting and social hub during the city's early development. Ideally situated in a highly visible, walkable downtown location, the property benefits from excellent access to Salems shops, restaurants, cultural attractions & year-round tourism. The building is supported by long-term tenants & stable occupancy, making it an attractive investment opportunity.
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
$14,739 / month
Loan term
- Principal & interest
- $11,495
- Property tax
- $2,290
- Home insurance
- $954
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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