132 Canal StreetSalem, MA 01970MLS Number 72422799

  • Price: $25
  • 164 Days on Market
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Federal 30-year interest rate: 4.17% last updated on Apr 18, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • 0.77Acreage
  • 1940Year Built
  • 7900Square Feet
  • 52Parking Spaces

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Lease up to 7,900 sq. ft. in a new mixed-use project being developed on Canal St. in Salem. The five (5) building Planned Urban Development will be known as University Square, and will feature retail and office space, plus 49 apartment units. The landscaped site will include ample adjacent parking. Join existing tenants, Family Dollar, O'Reilly Auto Parts, Honey Dew, Paradise Dental, and others. The site is opposite Crosby's Marketplace and across from a newly renovated McDonald's. University Square is in close proximity to Salem Hospital and the Salem CBD, and a short walk to Salem State University, which has over 9,000 students and faculty members. University Square abuts a newly constructed rail trail, which runs the length of the property. Canal St., which is one of Salem's most active business roadways, was recently upgraded, including new paving, sidewalks and lighting. A proposed future South Salem commuter rail stop may also be located behind the development.

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Windhill Realty
Windhill Realty
Office: 978.356.8922
16 Market Street
Ipswich, MA 01938

More Info

Parking

  • Parking Spaces52
  • Parking Feature21+ Spaces

Building

  • Year Built1940
  • Total Units1
  • Total Bldg Sf7900
  • Reu Units1
  • No Buildings1
  • No Stories3
  • Entry OnlyNo
  • Assessed Value Bldg317000

Utilities

  • UtilitiesPublic Water, Public Sewer

Photos

  • Photo Date2019-03-04T13:49:00
  • Number of Photos5

Basic Information

  • StatusACT
  • MLS Number72422799
  • Prop TypeCI
  • Status Date2019-03-02T09:12:00
  • Date Listed11/12/2018
  • List Price$25
  • LeaseYes
  • Lease Price IncludesBuilding
  • Lease TypeTriple Net Lease (NNN)
  • DirectionRt. 1A (Loring Ave.) to Canal or Rt. 114 (Washington St.) to Canal.

Location

  • StreetCanal Street
  • TownSalem
  • StateMA
  • Zip01970
  • Zip Code 44650
  • CountyEssex
  • LocationUrban, Strip

Property

  • Acreage0.77
  • Space AvailableFor Lease
  • Square Feet7900
  • SubletNo
  • Lot Size33475
  • Assessed Value Land459900
  • Main LoC95118

Other

  • Modification Date2019-03-06T03:05:00
  • Certificate Number580
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • Book36173
  • Listing AgreementExclusive right to Lease
  • Ref Bldg Sf7900
  • ExchangeNo
  • Firm Rmk1University Square is ideal for numerous uses, including: retail, restaurant, service, office, medical, etc. The commercial unit(s) shall be delivered in "vanilla box" condition. NNN charges are being estimated at $7.50-$8.00 per sq. ft. Utilities will be
  • Page673
  • View Count10

Salem, MA Demographics

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Salem, MA Real Estate Market Data

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Salem, MA Schools

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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