266 Canal St, Salem MA 01970

Salem, MA 01970

$29

Est. $7,807/month

1,250

Sq Ft

$0

Price/Sq Ft

14.74

Acres

2025

Year Built

21

Days on Market

Active Listed Nov 15, 2025 • MLS# 73455244 Copied!

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About this home

Get in on the ground floor of this brand new 250 unit luxury apartment development on busy Canal Street near Salem State University. This is highly visible retail or office space which is the only retail available in the development. Great storefront window exposure and handicap accessibility. In addition to base rent and utilities, tenant will pay common area charges of $2/s.f. Buildout allowance possible for qualified tenants.

Property Overview

Listing Type

Commercial Lease

Year Built

2025

Living Area

1,250 sq ft

Facts & Features

New Construction

Home Facts

Type Commercial Lease

Year Built 2025

Living Area 1,250 sq ft

Lot Size 14.74 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 $91,287

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 2025

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

266 Canal St, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment

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Principal, interest, taxes & insurance

Loan Amount

$0

After down payment

Total Interest

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Over life of loan

Total Cost

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Including down payment

Home Price

Down Payment

%

Down: $0

Interest Rate

%

Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $7,607

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

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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

Property Timeline

🏠

Listed for Sale

Nov 15, 2025

$29

Original listing

Agent: David Hark Office: The Drumlin Group Inc.

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
11/15/2025	🏠 Listed for Sale	$29	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Nov 15, 2025	New Listing Added	$29	—

Market Statistics

Days on Market

21 days

Price per Sq Ft

$0

Tax History

Year	Taxes	Assessment
2025	$91,287	—

Financial Details

Annual Property Tax

$91,287

Tax Year 2025

Listing Information

Listing Agent David Hark

Listing Office The Drumlin Group Inc.

Agent MLS ID C8369012

Office MLS ID C95118

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.