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142 Canal St
Salem, MA 01970 South Salem

$2,800 USD/MO

Health Club For Lease  •  1,461 SF

Property Details

  • Property Type Health Club
  • Year Built 2012
  • Total Building Size 25,184 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning I
30 Transit Score
70 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste B Retail 1,461 SF $23.00 USD/SF/YR 
Located within the high-traffic University Square development, 142 Canal St, Unit B offers a versatile 1,461 SF multi-use space perfectly suited for light manufacturing, fitness studios, maker spaces, or the performing arts. The layout features a spacious 1,120 SF column free workspace (28' x 40') with impressive 13'11" clear heights and a clear-span design for maximum flexibility. Operational efficiency is built-in with a 14' x 12' overhead door, dual front and rear access, and an abundance of on-site parking. Fully modernized in 2022, the unit is equipped with high-efficiency LED lighting, a full sprinkler system, and a dedicated electric HVAC system, complemented by well-maintained shared common area restrooms.

  • Date available: 30 Days
  • Lease term: 5 - 15 Years
  • Service type: Triple Net
  • Built out as: Standard Retail
  • Space Type: Relet

Description 

Located within the high-traffic University Square development, 142 Canal St, Unit B offers a versatile 1,461 SF multi-use space perfectly suited for light manufacturing, fitness studios, maker spaces, or the performing arts. The layout features a spacious 1,120 SF column free workspace (28' x 40') with impressive 13'11" clear heights and a clear-span design for maximum flexibility. Operational efficiency is built-in with a 12' x 12' overhead door, dual front and rear access, and an abundance of on-site parking. Fully modernized in 2022, the unit is equipped with high-efficiency LED lighting, a full sprinkler system, and a dedicated electric HVAC system, complemented by well-maintained shared common area restrooms.

Location and Amenities
• High Visibility seen by 20,000 plus vehicles per day.
• Located in University Square - close proximity to Salem State University
• Short distance to Crosby Market Place
• Shadowed by Starbucks, McDonald's, Bagel World and many other National and Regional Brands.

Location and Access
• .6 Miles from Salem State University
• 7 Minuets from Downtown Salem
• 7 Minuets from Salem MBTA Commuter Rail
• 41 Minuets from Boston
• 40 Minuets from Logan Airport

Highlights

University Square is seen by more the 20K vehicles per day.
Close proximity to Salem State University
Close Proximity to many National and Regional brands
Minuets from Downtown Salem and Salem Water Front

Property Flyers

Major Tenants

Tenant SF Occupied Lease End Date
Dochas House of Yoga 10/20/2029
Family Dollar
O'Reilly Auto Parts 10/1/2034
Paradise Dental

Public Transportation

Commuter RailDriveWalkDistance
Salem (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 3 min - 1.3 mi
Swampscott (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 6 min - 3.3 mi
AirportDriveWalkDistance
General Edward Lawrence Logan International 24 min - 14.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 120
Type: Surface
Included in Rent: Yes
Rich Vincent 978-235-4795 Herrick Lutts Commercial
Rich Vincent 978-235-4795 Herrick Lutts Commercial