8 Essex St, Salem MA 01970

Salem, MA 01970
$749,000
Est. $4,915/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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1,428
Sq Ft
$525
Price/Sq Ft
0.04
Acres
1800
Year Built
8
Days on Market
For Sale Listed Sep 9, 2026 • MLS# 73573780 Copied! • Updated Sep 13, 2026

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About this home

An exceptional opportunity for an owner-occupant, this freestanding office building was renovated to the studs in 2006 by its current owner for their own use, with a level of quality rarely found in typical commercial space. Thoughtfully designed, it is configured with 3 private offices/rooms, reception area, task space, shared workspace, and easily accessible basement storage. Major updates include 200-amp service, open cell insulation in the walls and closed cell insulation in the roof, central air and furnace replaced in 2021, and a 2021 hot water heater. Quality Pella and Andersen windows reflect the care invested throughout. A side entrance provides easy wheelchair access. The location offers an ideal balance—close to everything yet just outside the bustle of downtown Salem. The Beverly Bridge is nearby, Collins Cove less than a minute, and Derby Street and downtown Salem are within walking distance. Easy on-street parking adds convenience for employees and clients. A rare, move-in-ready professional building in a highly accessible Salem location..

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Property History

Property Timeline

🏠
Listed for Sale
Sep 9, 2026
$749,000
Original listing
Agent: Michael Selbst Office: Gibson Sotheby's International Realty

Tax History

Year Taxes Assessment
2026 $11,135

Financial Details

Annual Property Tax
$11,135
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1800
Living Area 1,428 sq ft
Lot Size 0.04 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 None

Financial

Annual Tax $11,135
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Driveway/access Easement For Condo Units At 8r Essex (behind 8 Essex)
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
For Sale
Year Built
1800
Living Area
1,428 sq ft

Floor Layout

Interior Features

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

Construction & Materials

Year Built: 1800
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:

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 $928
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.

Location

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Neighborhood

8 Essex St, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Michael Selbst
Listing Office Gibson Sotheby's International Realty
Office Phone 978-526-0243
Agent MLS ID BB804690
Office MLS ID AN6133
Listing Data Updated Sep 13, 2026 4:05 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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Steve Novak Real Estate
Steve Novak Real Estate
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