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301 Main St
Salem, NH 03079

7,158+/- SF Freestanding Retail/Office · Retail Property For Sale

Investment Highlights

  • Priced 10% Below Replacement Cost Leaving Capital for Renovations
  • 30+/- Parking Spots With Access From 2 Separate Streets
  • Signage Opportunity on a Busy Intersection - 24,000+/- Vehicles a Day
  • Bonus 430 SF on 2nd Floor and 5,000+/- Basement for Storage
  • Suitable for Medical Office, General Office, Retail & More

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
7,158 SF
Building Class
C
Year Built
1959
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.65 AC
Zoning
RES
Parking
30 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage
208 FT on Main St

Amenities

  • 24 Hour Access
  • Corner Lot
  • Mezzanine
  • Security System
  • Signage
  • Signalized Intersection
  • Skylights
  • Storage Space

About 301 Main St , Salem, NH 03079

Rare opportunity to acquire a 7,158+/- SF freestanding building located in a high traffic intersection. 301 Main Street was formerly home to a highly successful butcher/grocery store for 20+ years and was later used as a convenience store. The property is now available for a new business owner to continue one of these successful business models or repurpose the property for a variety of office/retail uses. 301 Main Street features an open concept plan with ample storage, 30+/- parking spots, multiple entrances and easy delivery access. The building is located on the corner of a busy intersection with a combined traffic count of nearly 24,000+/- vehicles a day. For customer convenience, the property provides 2 parking lots with direct access from both Main Street and School Street. Don’t miss this opportunity to purchase 301 Main Street below replacement cost while taking advantage of the previous businesses formerly in place.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SLEM-000084-001614
Land Assessment
$277,200
Improvements Assessment
$576,600
Total Assessment
$853,800
  • Listing ID: 20861468

  • Date on Market: 9/4/2020

  • Last Updated:

  • Address: 301 Main St, Salem, NH 03079

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