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100-102 Boston St
Salem, MA 01970 North Salem

$6,601 USD/MO

Restaurant For Lease  •  2,342 SF

Property Details

  • Property Type Restaurant
  • Year Built 1951
  • Total Building Size 2,342 SF
  • Tenancy Single
  • Zoning B2, Salem
30 Transit Score
70 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 2,342 SF $33.82 USD/SF/YR 
The Mega Group is pleased to present this single-tenant retail / restaurant location situated on 16,788 +/- square feet of land.  The subject property is a 2,342 +/- square foot commercial building located at 100-102 Boston Street in Salem Massachusetts with two (2) curb cuts and featuring two-way lit marquee signage.  Natural Gas and Electric is on-site.  Options include as-is condition as a restaurant with over $150,000 of equipment already in place in brand new condition, including a 14-foot custom fabricated hood system.  FF&E Market Valuation Quote available upon request.

There is a myriad of NNN land lease options to the user:  Existing commercial building as a restaurant with existing FF&E in-place for a nominal fee, existing commercial building as a retail establishment with FF&E removed at Landlords expense, commercial re-development to include a drive-thru that may require permitting, or through extensive permitting a hybrid of commercial and residential use taking advantage of the multiple zoning districts.

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet

Description 

100-102 Boston Street in Salem is taxed and assessed as commercial with about just less than half the parcel resting in B2 (Business) zoning and the balance being R2 (Residential) zoning with an existing curb cut on Beaver Street.  Boston Street is the main artery taking you from downtown historic Salem and it's Gallows Hill and McIntyre Districts to Route 128 N/S via Peabody Square.

Public Transportation

Commuter RailDriveWalkDistance
Salem (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 3 min 19 min 1.0 mi
Beverly Depot (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 6 min - 3.0 mi
AirportDriveWalkDistance
General Edward Lawrence Logan International 25 min - 14.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 26
Type: Surface
Included in Rent: Yes
Brian DApice 978-609-1339 The Mega Group
Brian DApice 978-609-1339 The Mega Group