50 Grove St, Salem, MA

5,500

Square feet

1.78

Acres

About 50 Grove St

Lease primarily open 5,500 sq. ft, first floor space, featuring high ceilings and significant natural light. Superb visibilty and exposure at the intersection of Grove St., Harmony Grove Rd., and Mason St. Prior to the most recent light assembly user, the location was operated as a social club/function hall. The layout is conducive for various commercial uses. The property is accessible from Rts. 128, 114, 107, and 1A. It features a private commercial sink, shared restrooms with the adjacent tenant, and pro-rata/in-common on-site parking. Deal structure is triple net (proportionate share of RET, CAM, and Bldg. Ins. (currently runniung approximately $4.00 per sq. ft.), plus utilities. Walking distance is roughly 15-20 minutes to the Commuter Rail Station and T Bus line.

Features of 50 Grove St

MLS® # 73552571
Price $14
Square Footage 5,500
Acres 1.78
Year Built 1910
Type Commercial Lease
Status Active

Community Information

Address 50 Grove St
City Salem
County Essex
State MA
Zip Code 01970-2263

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Zoning BPD

Listing Details

Agent Mark Shapiro
Office The Drumlin Group Inc.

Listing Map

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