57 Loring Ave

Salem, MA
$ 16 Beds 0 Baths 0 Sq 4,500
Monthly Estimate* How much can I afford?

Lease 4,500 sq. ft. of highly visible commercial space on Loring Ave. (Rt.1A), sitting directly between Salem State University's Central and North campuses, and roughly 200 yards from the Loring Ave., Canal St., and Jefferson Ave. signalized intersection. The site boasts exceptionally high vehicular and pedestrian traffic. The location is equidistant from Downtown Salem, North Shore Medical Center (Highland Ave. - Rt. 107 corridor) and Vinnin Square. The space offers approximately 100' of frontage, natural light, a primarily open floor plan, restrooms, and on-site parking. The basement is well lit, and features a high ceiling and conveyer belt. This opportunity is suitable for numerous uses, including: retail, office, medical, service, and school. The rent ($16.00 per sq. ft.) is net of utilities, which are separately metered. Two rooftop HVAC units service the subject premises. Potential subdivision for a 2,500 sq. ft. user.

Commercial

  • Price
  • $ 16
  • Lot Size
  • 0.54 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 4,500
  • Full Bathrooms
  • 0
  • Year Built
  • 1984
  • Half Bathrooms
  • 0
  • City, Zip
  • Salem
  • Taxes
  • 28279
  • County
  • ESSEX
  • Style
  • Commercial
  • Area
  • MLS#
  • 72587567
  • Zip
  • 01970
Listing Provided by: Mark Shapiro with The Drumlin Group Inc..

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Somerville, MA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/1/2019 Listed $16

Property vs Zip Code Average in 01970

Taxes
AVG $92,795
$28,279
Visits
AVG 33
63
Year Built
AVG 1952
1984
Walkscore
AVG 74
67
Data Provided by Walkscore ® not using MLS data

Map

57 Loring Ave Salem, MA is a Single Family Home for sale at $16 with 4500 sqft and a lot size of 0.54 Acres Acre(s). 57 Loring Ave Salem has 0 bedrooms, 0 baths and was built in 1984. The property's zip code is 01970 which is in Salem, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.