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101 Loring Avenue, Salem MA 01970

Salem, MA 01970
$550,000
Est. $3,526/month
0.11
Acres
2003
Year Built
84
Days on Market
Active Price Drop -$49,900 Listed Mar 12, 2026 • MLS# 73485762 Copied!

About this home

Single Standing Commercial Building For Sale, Just Minutes From Salem State University, Downtown Salem, And Other Surrounding Businesses On High Traffic Street; Current Business Tenant Is A Pizza/Sub Shop Establishment, That Is Also For Sale. Rear Parking That Offers Up To 6 Or More Car Parking, Basement Has Storage And Another Bath Room.

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Property Overview

Listing Type
Commercial Sale
Year Built
2003

Facts & Features

Home Facts

Type Commercial Sale
Year Built 2003
Lot Size 0.11 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 $6,537

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 2003
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:

Location

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Neighborhood

101 Loring Avenue, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

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 $545
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

Interest
Principal
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.

Property History

Market Insights

2
Price Changes
8.3%
Price Range

Property Timeline

Price Reduced
May 20, 2026
$550,000 $25,000 (-4.35%)
From $575,000 to $550,000 (-4.3%)
Price Reduced
Apr 28, 2026
$575,000 $24,900 (-4.15%)
From $599,900 to $575,000 (-4.2%)
🏠
Listed for Sale
Mar 12, 2026
$599,900
Original listing
Agent: Herman Davis Office: Metro North Realty, LLC

Price & Status History

Date Event Price Change
May 20, 2026 Price Changed $550,000 -$25,000
Apr 28, 2026 Price Changed $575,000 -$24,900
Apr 10, 2026 Sold $150,000
Mar 12, 2026 New Listing Added $599,900

Market Statistics

Days on Market
84 days
Price per Sq Ft
$—
Total Price Drop
-$49,900

Tax History

Year Taxes Assessment
2025 $6,537

Financial Details

Annual Property Tax
$6,537
Tax Year 2025

Listing Information

Listing Agent Herman Davis
Listing Office Metro North Realty, LLC
Agent MLS ID NB113565
Office MLS ID AN5640
Listing Data Updated May 24, 2026 3:06 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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Market Analytics for Salem, MA

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101 Loring Avenue, Salem MA 01970 - Photo 1 101 Loring Avenue, Salem MA 01970 - Photo 2 101 Loring Avenue, Salem MA 01970 - Photo 3 101 Loring Avenue, Salem MA 01970 - Photo 4 101 Loring Avenue, Salem MA 01970 - Photo 5 101 Loring Avenue, Salem MA 01970 - Photo 6 101 Loring Avenue, Salem MA 01970 - Photo 7 101 Loring Avenue, Salem MA 01970 - Photo 8 101 Loring Avenue, Salem MA 01970 - Photo 9 101 Loring Avenue, Salem MA 01970 - Photo 10 101 Loring Avenue, Salem MA 01970 - Photo 11 101 Loring Avenue, Salem MA 01970 - Photo 12 101 Loring Avenue, Salem MA 01970 - Photo 13 101 Loring Avenue, Salem MA 01970 - Photo 14
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