Map
Listed price in listed location currency (USD).
$20,000

000

MLS® 5100264

Overview

Key Facts

Type 
Levels Commercial Lease
Size -
Garage 
Date Available 
Days Active 1
Lot Size 12.25 Acres
Approx. Age 1950
MLS® Number 5100264

Property Address: 296 Highland Avenue, Salem, MA, 01950

Average square foot calculated using Size range provided by listing agent.

Description

Outstanding visibility on busy Highland Avenue. The property is approved for AUTO BODY USE — a highly sought-after and difficult-to-obtain approval — and is ideal for auto sales, service, repair, or collision operations. This retail parcel features a 4, 488 SF automotive facility equipped with 6 service bays, 4 lifts, showroom space, manager’s office, title office, parts and stock rooms, customer waiting area, break room, ADA-compliant restroom, and security system. Strategically located alongside major national retailers and traffic generators including Walmart, Target, The Home Depot, Planet Fitness, McDonald's, and Burger King. A signalized intersection stops traffic directly in front of the property, enhancing visibility, accessibility, and overall traffic flow, with more than 35, 000 vehicles passing the site per day. This lease for the automotive facility is $15, 000 per month modified gross. The residential home (288 Highland Ave) is also available for lease for a total of $20, 000 per month. Both of these parcels are also available for sale.
MLS® Number5100264
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

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