$1,525,000
$1,925,000
20.8%For more information regarding the value of a property, please contact us for a free consultation.
9 Franklin St Salem, MA 01970
14,328 SqFt
Key Details
Sold Price $1,525,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 14,328 sqft
Price per Sqft $106
MLS Listing ID 72606631
Sold Date 07/27/20
Year Built 1920
Annual Tax Amount $24,592
Tax Year 2019
Lot Size 1.620 Acres
Acres 1.62
Property Description
Masonry industrial building fully leased. Two drive in loading doors. 1.62 acre site includes all approvals for a new 15,500 s.f. building to be constructed. Income and Expenses upon request. Located just off Route 114 near Salem MBTA station in an active redevelopment area. Excellent opportunity for investor or user to acquire a large site and construct a new building while keeping the existing fully tenanted building.
Location
State MA
County Essex
Zoning R2
Direction North Street (Route 114) to Franklin Street.
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Bought with Kevin Olson • Nordlund Associates