Salem, MA 01970,49 Federal St
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Salem, MA 01970,49 Federal St
Salem, MA 01970,49 Federal St
Salem, MA 01970,49 Federal St
Salem, MA 01970,49 Federal St

$550,000

Est. payment /mo

$580,000

5.2%
Est.Price: ?

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49 Federal St Salem, MA 01970

4,176 SqFt

SOLD DATE : 12/13/2019

Key Details

Sold Price $550,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 4,176 sqft

Price per Sqft $131

MLS Listing ID 72570195

Sold Date 12/13/19

Year Built 1800

Annual Tax Amount $14,305

Tax Year 2019

Lot Size 3,484 Sqft

Acres 0.08

Property Description

Circa 1880, Mansard Victorian, 3 story office building located on Historic Federal Street. Conveniently situated across the street from Essex County Superior Court, Essex Probate & Family Court and Salem Trial Court. Steps to thriving downtown Salem & the train station. Currently used as 2 separate, Law Practices which occupy all 3 floors. 1st floor has 10' ceilings, 2 marble fire places (should be checked), 2 spacious offices (13x19), 3rd office or conference room, waiting room and 1/2 bath. 2nd floor has 5 offices (2 are 13x 18). 3rd floor has a 5 offices (1 office is 13x19) and a 1/2 bath. There is an additional separate side entrance to building that goes from exterior to the 3rd floor. All 3 floors can be accessed privately from rear entrance. Versatile layout for more than one business to operate. Possible conversion to a residential two family or two condominiums. Buyer should check with City to see if residential is feasible. Parking space on left side belongs to 49 Federal.

Location

State MA

County Essex

Zoning B5

Direction Federal St between Washington St & North St. Across from Essex County Superior Court.

Exterior

Utilities Available Public Water, Public Sewer

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Lisa Keshet

Lisa Keshet

Engel & Völkers

+1(617) 902-8205

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by RE/MAX Advantage Real Estate
Bought with Michael Becker • Atlantic Coast Homes,Inc
Lisa Keshet

Lisa Keshet

Broker Associate

+1(617) 902-8205

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