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197 Fort Ave # 5, Salem MA 01970

Salem, MA 01970 • Salem Willows
$4,800/mo
0.38
Acres
1940
Year Built
12 hours 47 minutes
Time on Market
Active Listed Jul 11, 2026 • MLS# 73548222 Copied! • Updated Jul 11, 2026

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

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
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

Building & Pet Policy

Fee Includes None
Amenities None
Optional Fee Includes None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
Commercial Lease
Year Built
1940

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: 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:
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
E

Elementary Schools

9 schools
The Phoenix School
2.3 mi
Grades PK-08
The Greenhouse School
2.9 mi
Grades PK-08
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
B+
Bates School
1.9 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-
Saltonstall School
1.9 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
C-
Horace Mann Laboratory School
2.9 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
2.9 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

1 school
C+
Collins Middle School
2.4 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
H

High Schools

2 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
Salem High School
3.0 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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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 11, 2026 12:02 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

Steven Novak

BMN Boston Real Estate

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