1 S Mason St, Salem MA 01970
Salem, MA 01970
$675,000
$595,000
Est. $3,611/month
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About this home
One story steel framed industrial building with three drive in doors. Located in an active commercial area which is in the process of being redeveloped with various new construction projects planned including residential and commercial. The building is nearly wide open with no columns. Building needs renovations but will function well for many types of light industrial or "maker space" uses. Automotive service is not allowed in this North River Corridor zoning district. The zoning also allows a number of other uses including residential and combined residential and commercial uses either "by right" or by "special permit".
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Recently Sold Nearby
Property History
Market Insights
2
Price Changes
11.9%
Price Range
Property Timeline
Price Reduced
Aug 4, 2026
$595,000
$40,000
(-6.3%)
From $635,000 to $595,000 (-6.3%)
Price Reduced
Apr 16, 2026
$635,000
$40,000
(-5.93%)
From $675,000 to $635,000 (-5.9%)
Listed for Sale
Feb 2, 2026
$675,000
Original listing
Agent: David Hark
Office: The Drumlin Group Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/04/2026 | ↓ Price Reduced | $595,000 | $40,000 | - | From $635,000 to $595,000 (-6.3%) |
| 04/16/2026 | ↓ Price Reduced | $635,000 | $40,000 | - | From $675,000 to $635,000 (-5.9%) |
| 02/02/2026 | 🏠 Listed for Sale | $675,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $4,834 | — |
Financial Details
Annual Property Tax
$4,834
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1955
Living Area
2,160 sq ft
Lot Size
0.14 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
None
Financial
Annual Tax
$4,834
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
For Sale
Year Built
1955
Living Area
2,160 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1955
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Salem School District local
B-
School Safety
2024-25
3.6%
Above Average
2.3%
Suspensions
0.8%
In-School
1.3%
Emergency
1.9% below state avg
Elementary Schools
3 schools
The Phoenix School
0.5 mi
Grades PK-08
B+
Bates School
0.7 mi
|
#325 of 824
|
Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
B-
Carlton School
0.8 mi
|
#468 of 824
|
Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students
Diverse
Grades K-05
Middle Schools
3 schools
C+
Collins Middle School
0.7 mi
|
#219 of 352
|
Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
C+
J. Henry Higgins Middle School
2.0 mi
|
#240 of 352
|
Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students
Diverse
Grades 06-08
B+
Village School
2.3 mi
|
#253 of 824
|
Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students
Moderate
Grades 04-06
High Schools
3 schools
B+
Salem Academy Charter School
1.0 mi
|
#139 of 346
|
Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
Bishop Fenwick High School
1.2 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
B
Salem High School
1.4 mi
|
#144 of 346
|
Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students
Diverse
18 sports
• 1,080 athletes
Early College Program
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$403
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
1 S Mason St, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
David Hark
Listing Office
The Drumlin Group Inc.
Office Phone
978-741-3696
Agent MLS ID
C8369012
Office MLS ID
C95118
Listing Data Updated
Aug 8, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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