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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 sees 23,105 VPD as 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.

                
                    Highlights
                
                                Fully fitted restaurant infrastructure with modern FF&E available for immediate operation.
                            
                                Located on Boston Street, a high-traffic route.
                            
                                Flexible zoning (B2/R2) ideal for retail, dining, or potential hybrid development.

Public Transportation

Commuter Rail	Drive	Walk	Distance
Salem (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line))	4 min	-	1.3 mi
Beverly Depot (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line))	7 min	-	3.0 mi
Transit/Subway	Drive	Walk	Distance
Salem (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line))	4 min	20 min	1.0 mi
Airport	Drive	Walk	Distance
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 978-762-9771 The Mega Group

100-102 Boston St Salem, MA 01970 North Salem