197 Fort Ave # 5, Salem MA 01970
Salem, MA 01970 • Salem Willows
$4,800/mo
About this home
Rare opportunity to lease a warehouse with commercial kitchen with retail component in Salem. Offered for lease is a 3225 sqft insulated open warehouse/distribution space with additional 1281 sqft commercial kitchen with two hoods, walk-in, wash stations, and plenty of prep room. Fully equipped commercial kitchen fronts directly on the Salem Willows with two concession windows, offering an additional revenue stream in the summer. Total of 4506 sqft. Lots of dedicated parking and public parking available. NNN expenses are approximately $1700/month. Only by-right and religious uses will be considered. B2 zoning offers many distinct uses.
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Property History
Property Timeline
Listed for Sale
Jul 11, 2026
$4,800
Original listing
Agent: Julius Sokol
Office: Lokos Realty & Management
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/11/2026 | 🏠 Listed for Sale | $4,800 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2027 | $18,670 | — |
Financial Details
Annual Property Tax
$18,670
Tax Year 2027
Facts & Features
Home Facts
Type
Commercial Lease
Year Built
1940
Lot Size
0.38 acres
Rental Details
Rent Includes
None
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
Public Water
Building & Pet Policy
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
Commercial Lease
Year Built
1940
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:
1940
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
C+
Bentley Academy Innovation School
0.7 mi
|
#568 of 824
|
Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students
Moderate
Rising School
Grades PK-05
Salem Early Childhood School
0.7 mi
106 students
Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.1 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
B+
Marblehead Community Charter Public School
2.0 mi
|
#115 of 352
|
Score: 48.0
Improved 94 spots from last year
-10.2 below state avg
192 students
Moderate
Rising School
Strong Attendance
Grades 04-08
B+
Village School
2.2 mi
|
#253 of 824
|
Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students
Moderate
Grades 04-06
B+
Beverly Middle School
2.3 mi
|
#140 of 352
|
Score: 45.2
Improved 24 spots from last year
-13.1 below state avg
1,388 students
Moderate
Rising School
Grades 05-08
High Schools
3 schools
B+
Salem Academy Charter School
1.6 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
B
Beverly High School
2.1 mi
|
#149 of 346
|
Score: 55.7
Dropped 39 spots from last year
-2.5 below state avg
1,213 students
Moderate
17 sports
• 1,774 athletes
Strong AP Program
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Grades 09-12
Bishop Fenwick High School
2.4 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
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Location
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Neighborhood
Salem Willows
197 Fort Ave # 5, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Julius Sokol
Listing Office
Lokos Realty & Management
Office Phone
781-608-3057
Agent MLS ID
NB114069
Office MLS ID
NB4834
Listing Data Updated
Jul 15, 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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