63 Grove St

    Salem, MA 01970
    • $2,275,000
    • STATUS: Active
    • MLS #: 72530072
    UPDATED: 18 min ago
    $2,275,000
    • 0
      BEDS
    • 1.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 34,000
      SQFT
    • $67
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1953
    County:
    Area:

    School Ratings & Info

    Listing courtesy of David Hark of The Drumlin Group Inc..

    Description

    Investment offering in Salem's most active redevelopment area. Located in "Blubber Hollow" area close to Peabody city line. Within two miles from central Salem and Peabody. Active rail access. Concrete block and steel construction. First level is industrial warehouse with heavy power. Now subdivided into two spaces both leased. Second level is 5,000 s.f. of modernized office space with separate HVAC. Flat rubber membrane roof. One drive in door and four loading dock doors with one of them accommodating interior loading. Great upside in this emerging neighborhood which has hundreds of new housing units being currently added. Site access from Flint and Grove Streets.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-09-21T07:11:14.073.
    www.dna-realty.com/homes/96635575

    63 Grove St Salem, MA 01970

    • Price: $2,275,000
    • Status: Active
    • Updated: 18 min ago
    • MLS #: 72530072
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.44
    Acres
    34,000
    SQFT
    $67
    $/SQFT
    1953
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    Investment offering in Salem's most active redevelopment area. Located in "Blubber Hollow" area close to Peabody city line. Within two miles from central Salem and Peabody. Active rail access. Concrete block and steel construction. First level is industrial warehouse with heavy power. Now subdivided into two spaces both leased. Second level is 5,000 s.f. of modernized office space with separate HVAC. Flat rubber membrane roof. One drive in door and four loading dock doors with one of them accommodating interior loading. Great upside in this emerging neighborhood which has hundreds of new housing units being currently added. Site access from Flint and Grove Streets.
    Exterior Features

    Parking Spaces 30 Stories 2

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 0.00 Rsf Building Sq Ft 0.00 Total Building Sq Ft 34000.00 Waf Building Sq Ft 29000.00

    Property Features

    Assessed Value Building 624800.00 Assessed Value Land 341900.00 Assessed Value Total 966700.00 Commercial Industrial Type Industrial Disclosure No Disclosures 3135 S.F. Of Land is Leased On A T.A.W. Basis From The Mbta For $5000/Year. Exchange No Lease No Lender Owned No Mau Units 1 Ofu Units 1 On File21 E No Reu Units 0 Rsu Units 0 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2019 Taxes 28566.00 Total Units 2 Wau Units 1 Year Built Source Pr Zone Description Legal Non-Conforming Zoning Bp

    Listing information © 2019 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of David Hark of The Drumlin Group Inc..


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-09-21T07:11:14.073.
     
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    Listing courtesy of David Hark of The Drumlin Group Inc..