296 Highland Ave Salem, MA

$2,350,000
Square Feet 4,488
Acres 12.04
Photo of 296 Highland Ave Salem MA 01970




Description

High visibility retail site once a restaurant and currently a used car dealership with service bays. This is a 12+ acre site. Most of the parcel is zoned R-1 and could be used for a residential subdivision. The land parcel has a 60' wide easement from Crosby Street which is off of Marlborough Road. Building has two drive in bays, office areas and customer areas. Loading dock in the rear of the building. B-2 zoning for the front section allows a large number of retail, office and other service uses.


Listed by The Drumlin Group Inc., David Hark

Details

MLS 73293079
Status Active
Price $2,350,000
DOM 83 days
Type Commercial
Square Feet 4,488 sqft
Lot Size 12.04 acres
Year Built 1950

Lot & Building Features

Tax Year 2024
Taxes Paid $37,034

Map

Get Directions

Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


Browse By Area