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280 Bridge St, Salem MA 01970

Salem, MA 01970
$379,000
Est. $2,603/month
1,100
Sq Ft
$345
Price/Sq Ft
0.06
Acres
1900
Year Built
523
Days on Market
Active Price Drop -$11,000 Listed Sep 17, 2024 • MLS# 73290777 Copied!

About this home

Amazing Location with High pedestrian & traffic count. 1,100 sq ft (78x13 inside) commercial / retail building w/ small parking lot only steps to the Salem T. Formerly used as Bait & Tackle retail store. Zoning NRCC (North River Canal Corridor Neighborhood Mixed Use). Seller is negotiable to different business ideas and lease arrangements or will consider a sale. Cleared out, new subfloors, ready to be built-out! Allowed by right: Artist Lofts & living space, Studio, Gallery, Trade School, Business & Professional Office (Lawyers, Accountants, Real Estate Broker, etc), Medical/Dental office, Single Family home, Retail (Convenient Store, Coffee Shop, Tourist Attraction, Gift Shop, Florist, Barber Shop / Salon, Bank, Laundromat, Liquor Store. Allowed w/ Special permit: Music, Recording, Dance studio, Light manufacturing, Brewery/Distiller/Winery w/ Tasting Room, Hotel or Inn, Social Club, Lodge, Restaurant, Bar. Tons of development planned for immediate area! Own a part of the action.

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Property Overview

Listing Type
Commercial Sale
Year Built
1900
Living Area
1,100 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1900
Living Area 1,100 sq ft
Lot Size 0.06 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 Public Water, Public Sewer

Financial

Annual Tax $5,838

Interior Features

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

Construction & Materials

Year Built: 1900
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

280 Bridge St, Salem MA 01970

Salem, MA 01970

Walkability

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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
E

Elementary Schools

3 schools
The Phoenix School
0.6 mi
Grades PK-08
B-
Carlton School
0.7 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-
Saltonstall School
0.8 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
M

Middle Schools

1 school
C+
Collins Middle School
0.7 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

3 schools
B+
Salem Academy Charter School
0.8 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
Bishop Fenwick High School
1.3 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
B
Salem High School
1.4 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
Learn about these ratings
School data provided by BMN Schools

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 $487
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

Property Timeline

🏠
Listed for Sale
Sep 17, 2024
$379,000
Original listing
Agent: David Cutler Office: North Shore Realty Pros

Price & Status History

Date Event Price Change
Sep 2, 2025 Sold $3,975 —
Aug 7, 2025 Sold $3,975 —
Sep 17, 2024 New Listing Added $379,000 —

Market Statistics

Days on Market
523 days
Price per Sq Ft
$345
Total Price Drop
-$11,000

Tax History

Year Taxes Assessment
2023 $5,838 —

Financial Details

Annual Property Tax
$5,838
Tax Year 2023

Listing Information

Listing Office North Shore Realty Pros
Agent MLS ID CT003002
Office MLS ID AN1441
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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280 Bridge St, Salem MA 01970 - Photo 1 280 Bridge St, Salem MA 01970 - Photo 2 280 Bridge St, Salem MA 01970 - Photo 3 280 Bridge St, Salem MA 01970 - Photo 4 280 Bridge St, Salem MA 01970 - Photo 5 280 Bridge St, Salem MA 01970 - Photo 6 280 Bridge St, Salem MA 01970 - Photo 7 280 Bridge St, Salem MA 01970 - Photo 8 280 Bridge St, Salem MA 01970 - Photo 9 280 Bridge St, Salem MA 01970 - Photo 10 280 Bridge St, Salem MA 01970 - Photo 11 280 Bridge St, Salem MA 01970 - Photo 12 280 Bridge St, Salem MA 01970 - Photo 13 280 Bridge St, Salem MA 01970 - Photo 14
Steven Novak

Steven Novak

BMN Boston Real Estate

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