57-RR Grove St, Salem MA 01970

Salem, MA 01970
$1,800,000
Est. $10,113/month
4,784
Sq Ft
$376
Price/Sq Ft
0.56
Acres
1950
Year Built
20
Days on Market
Active Listed Jul 10, 2026 • MLS# 73548011 Copied! • Updated Jul 14, 2026

About this home

Rare opportunity to acquire a fully operational heavy civil construction company along with its commercial building and two NRCC-zoned parcels in Salem, MA. The offering includes a 4,784 sq ft commercial building featuring 50-foot-deep bays, five bay doors, and 12-foot ceiling height, situated on a 19,378 sqft main parcel plus an additional 4,996 sq ft lot—ideal for equipment storage, vehicle parking, and future expansion. The sale includes K&B Excavating, a division of Brennan Construction, Inc., a respected heavy civil site-work contractor with over 40 years of continuous operation specializing in excavation, demolition, utility installation, roadwork, building pad preparation, and snow and ice management for public and private sector clients. Known for safe work practices, high-quality project delivery, and consistent schedule and cost efficiency, this turnkey package delivers real estate, business, equipment, and long-standing client relationships in one comprehensive acquisition.

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Property History

Property Timeline

🏠
Listed for Sale
Jul 10, 2026
$1,800,000
Original listing
Agent: Robinson Mendez Office: Conway - Swampscott

Tax History

Year Taxes Assessment
2026 $9,739

Financial Details

Annual Property Tax
$9,739
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1950
Living Area 4,784 sq ft
Lot Size 0.56 acres
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, Public Sewer

Financial

Annual Tax $9,739
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
Commercial Sale
Year Built
1950
Living Area
4,784 sq ft

Floor Layout

Interior Features

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

Construction & Materials

Year Built: 1950
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

3 schools
The Phoenix School
0.2 mi
Grades PK-08
B
Witchcraft Heights School
0.7 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
C
Thomas Carroll School
0.7 mi | #611 of 824 | Score: 40.2
Improved 128 spots from last year
-18 below state avg
645 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

3 schools
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
C+
J. Henry Higgins Middle School
1.5 mi | #240 of 352 | Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students Diverse
Grades 06-08
B+
Village School
2.6 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
H

High Schools

3 schools
Bishop Fenwick High School
1.1 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
B
Salem High School
1.2 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
B+
Salem Academy Charter School
1.3 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
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Monthly Payment Calculator

Monthly Payment
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $812
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

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Current Rate
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+0.5% Rate
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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.

Location

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Neighborhood

57-RR Grove St, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Robinson Mendez
Listing Office Conway - Swampscott
Office Phone 781-584-4757
Agent MLS ID CN255619
Office MLS ID AC0598
Listing Data Updated Jul 14, 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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