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13 Central Street, Salem MA 01970

Salem, MA 01970
$2,290,000
Est. $13,401/month
6,442
Sq Ft
$355
Price/Sq Ft
0.09
Acres
1868
Year Built
20
Days on Market
Active Listed Jun 23, 2026 • MLS# 73540070 Copied! • Updated Jun 27, 2026

About this home

Rare opportunity to own a prominent mixed-use commercial building totaling 6,442SF in the heart of downtown Salem. This three-story property features a well-established restaurant on the 1st flr & residential apartments on the 2nd & 3rd flrs, creating a diversified income stream with a strong & consistent rental history. Steeped in history, the property occupies a historically significant location connected to Salem’s colonial & revolutionary-era past. The site is commemorated by a historical marker recognizing The London Coffee House, a notable colonial gathering place dating back to 1698 that served as an important meeting and social hub during the city's early development. Ideally situated in a highly visible, walkable downtown location, the property benefits from excellent access to Salem’s shops, restaurants, cultural attractions & year-round tourism. The building is supported by long-term tenants & stable occupancy, making it an attractive investment opportunity.

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Property History

Property Timeline

🏠
Listed for Sale
Jun 23, 2026
$2,290,000
Original listing
Agent: Stephen Velonis Office: Coldwell Banker Realty - Lynnfield

Tax History

Year Taxes Assessment
2025 $19,464

Financial Details

Annual Property Tax
$19,464
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1868
Living Area 6,442 sq ft
Lot Size 0.09 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Private Sewer, Natural Gas Available

Financial

Annual Tax $19,464
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Only The Real Estate Is For Sale. For Additional Information, Please Sign The Attached Nda. Please Do Not Disturb Tenants - All Showings Must Be Accompanied By The Listing Agent.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
Commercial Sale
Year Built
1868
Living Area
6,442 sq ft

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

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

Construction & Materials

Year Built: 1868
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 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 $1,622
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.

Location

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Neighborhood

13 Central Street, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Stephen Velonis
Listing Office Coldwell Banker Realty - Lynnfield
Office Phone 781-334-5700
Agent MLS ID CT000331
Office MLS ID AN6219
Listing Data Updated Jun 27, 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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Steven Novak
Steven Novak
BMN Boston Real Estate
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13 Central Street, Salem MA 01970 - Photo 1 13 Central Street, Salem MA 01970 - Photo 2 13 Central Street, Salem MA 01970 - Photo 3 13 Central Street, Salem MA 01970 - Photo 4 13 Central Street, Salem MA 01970 - Photo 5 13 Central Street, Salem MA 01970 - Photo 6 13 Central Street, Salem MA 01970 - Photo 7 13 Central Street, Salem MA 01970 - Photo 8 13 Central Street, Salem MA 01970 - Photo 9 13 Central Street, Salem MA 01970 - Photo 10 13 Central Street, Salem MA 01970 - Photo 11 13 Central Street, Salem MA 01970 - Photo 12 13 Central Street, Salem MA 01970 - Photo 13 13 Central Street, Salem MA 01970 - Photo 14
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BMN Boston Real Estate

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