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331 Lafayette St, Salem MA 01970

Salem, MA 01970
$25
Est. $7,315/month
2,794
Sq Ft
$0
Price/Sq Ft
0.82
Acres
2017
Year Built
18
Days on Market
Active Listed Feb 3, 2026 • MLS# 73473915 Copied!

About this home

Available for lease is street level retail / professional office space located at a signalized intersection directly across from Salem State University. The subject property is a mixed-use property built in 2017. The Premises is on the street level and is 2,794 rentable square feet featuring two (2) handicap accessible bathrooms ideal for retail, service, medical, or professional office uses. The current layout is a 49-seat fast casual restaurant with beer & wine license and service and seating areas; hood & Ansul System, grease trap, sinks, and walk-in cooler already in place. Please inquire about FF&E that may remain as and historical business data. 331-335 Lafayette Street is located at a signalized intersection on Route 114 in historic Salem Massachusetts, is a 35,506 +/- square foot site featuring 25,164 +/- rentable square feet of professionally managed commercial space featuring 69 on-site parking spaces.

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Property Overview

Listing Type
Commercial Lease
Year Built
2017
Living Area
2,794 sq ft

Facts & Features

Home Facts

Type Commercial Lease
Year Built 2017
Living Area 2,794 sq ft
Lot Size 0.82 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

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $85,384

Interior Features

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

Construction & Materials

Year Built: 2017
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:

Parking & Garage

Parking Features:

Location

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Neighborhood

331 Lafayette St, Salem MA 01970

Salem, MA 01970

Walkability

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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 $7,115
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

Market Insights

1
Price Changes
1.1%
Price Range

Property Timeline

Price Increased
Feb 4, 2026
$25 +$0 (+1.08%)
From $25 to $25 (+1.1%)
🏠
Listed for Sale
Feb 3, 2026
$25
Original listing
Agent: Colleen Cohan Office: The Mega Group

Price & Status History

Date Event Price Change
Feb 4, 2026 Price Changed $25 -$0
Feb 3, 2026 New Listing Added $25

Market Statistics

Days on Market
18 days
Price per Sq Ft
$0

Tax History

Year Taxes Assessment
2025 $85,384

Financial Details

Annual Property Tax
$85,384
Tax Year 2025

Listing Information

Listing Agent Colleen Cohan
Listing Office The Mega Group
Agent MLS ID CN232914
Office MLS ID C99946
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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331 Lafayette St, Salem MA 01970 - Photo 1 331 Lafayette St, Salem MA 01970 - Photo 2 331 Lafayette St, Salem MA 01970 - Photo 3 331 Lafayette St, Salem MA 01970 - Photo 4 331 Lafayette St, Salem MA 01970 - Photo 5 331 Lafayette St, Salem MA 01970 - Photo 6 331 Lafayette St, Salem MA 01970 - Photo 7 331 Lafayette St, Salem MA 01970 - Photo 8 331 Lafayette St, Salem MA 01970 - Photo 9 331 Lafayette St, Salem MA 01970 - Photo 10
Steven Novak

Steven Novak

BMN Boston Real Estate

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