4 Technology WaySalem, MA 01970MLS Number 72445904

  • Price: $7,250,000
  • 128 Days on Market
$/month over payments
Federal 30-year interest rate: 4.07% last updated on May 16, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 4.5Acreage
  • 2012Year Built
  • 86000Square Feet
  • 108Parking Spaces

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This new 86,000 square foot Laboratory/Multi-Use Building will have up to 50,000 SF available for lease that is subdividable. Tenant(s) will have the unique opportunity to work with the owner to customize the build-out of their space. This secure state of the art facility has 13ft ceiling heights (slab to slab), all the latest electronic building systems, back up power generator and is Class A steal beam construction. Owner will be interested in a sale or lease. The current tenant, US Biological, will occupy 35,000 sqft in a long term lease. The building is located in Salem Business Park with Doyle Sailmakers, Baker School of Gymnastics, Salem Glass, Thermal Circuits, and Jaqueline's Wholesale Bakery. This is a terrific opportunity to relocate or expand your business on the North Shore, which is only 2 miles from Swampscott MBTA commuter rail, and 15 miles from Boston.

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

More Info


  • Parking Spaces108
  • Parking FeatureAssigned, Open, Paved Driveway


  • Year Built2012
  • ConstructionSteel
  • Total Bldg Sf86000
  • Wau Units4
  • No Buildings1
  • No Of Restrooms10
  • No Stories2
  • SprinklersYes
  • Sub DividableYes
  • Entry OnlyNo
  • ElevatorYes
  • Assessed Value Bldg1614400
  • DividableYes
  • Mau Units4
  • Undrgrnd TankNo


  • Photo Date2019-03-19T14:16:00
  • Number of Photos7

Basic Information

  • StatusACT
  • MLS Number72445904
  • Prop TypeCI
  • Status Date2019-01-25T13:47:00
  • Date Listed01/16/2019
  • List Price$7,250,000
  • Price Per Square Foot$84
  • LeaseYes
  • Lease Price IncludesBuilding
  • Lease TypeGross
  • DirectionMinutes from Home Depot, TJ Maxx, Shaws, Target, MBTA Swampscott Station, and residential developments.


  • Roof MaterialMetal


  • UtilitiesPublic Water


  • Special FinancingYes


  • Modification Date2019-04-08T16:43:00
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresOwner is excited to work with new tenants and buyers. Depending on the space and required build out, owner is looking for $15-$20 modified gross per square foot. Please inquire with any questions you or your clients may have!
  • Book84550
  • Listing AgreementExclusive Right to Sell
  • Maf Bldg Sf50000
  • Waf Bldg Sf50000
  • Off Bldg Sf50000
  • ExchangeNo
  • Page479
  • View Count6


  • StreetTechnology Way
  • TownSalem
  • StateMA
  • Zip01970
  • CountyEssex
  • LocationSuburban, Industrial Park, Free Standing, Highway Access, Public Transportation


  • Acreage4.5
  • Space AvailableFor Sale/Lease
  • Square Feet86000
  • SubletYes
  • Lot Size196020
  • Handicap AccessYes
  • Assessed Value Land506800
  • Main LoNB2211

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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