About 13 Central Street
PRICE ADJUSTMENT! Rare chance to acquire a prominent 6,442 SF mixed-use commercial building in the heart of downtown Salem. This three-story property features a well-established first-floor restaurant and residential apartments on the second and third floors, providing diversified income and a strong, consistent rental history. Set on a historically significant site tied to Salem’s colonial and Revolutionary-era past, the property is marked by a plaque commemorating The London Coffee House, a notable gathering place dating to 1698. Its highly visible, walkable downtown location offers easy access to Salem’s shops, restaurants, cultural attractions, and year-round tourism. With long-term tenants, stable occupancy, and value-add potential, this building represents an attractive investment opportunity.
Features of 13 Central Street
| MLS® # | 73540070 |
|---|---|
| Price | $1,899,000 |
| Square Footage | 6,442 |
| Acres | 0.09 |
| Year Built | 1868 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 13 Central Street |
|---|---|
| City | Salem |
| County | Essex |
| State | MA |
| Zip Code | 01970 |
Amenities
| Utilities | Public Water, Private Sewer, Natural Gas Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Zoning | B5 |
|---|
Listing Details
| Agent | Stephen Velonis |
|---|---|
| Office | Coldwell Banker Realty - Lynnfield |