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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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13 Central St , Salem, MA 01970
$1,899,000
Est. Payment: $4,220.00/mo
0 Bed
0 Bath
6442 Sqft
Status: Active | Days on site: 86
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AN6219 - CT000331
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House Description

PRICE ADJUSTMENT! Rare chance to acquire a prominent 6,442 SF mixed-use commercial building in the heart of downtown Salem. This three-story property features a well-established first-floor restaurant and residential apartments on the second and third floors, providing diversified income and a strong, consistent rental history. Set on a historically significant site tied to Salem’s colonial and Revolutionary-era past, the property is marked by a plaque commemorating The London Coffee House, a notable gathering place dating to 1698. Its highly visible, walkable downtown location offers easy access to Salem’s shops, restaurants, cultural attractions, and year-round tourism. With long-term tenants, stable occupancy, and value-add potential, this building represents an attractive investment opportunity.

Highlights

Listed by Stephen Velonis , 978-697-7855 Coldwell Banker Realty - Lynnfield , 781-334-5700.

Property Type

Commercial Sale

Lot/Acreage
0.09

Year Built

1868

County

Essex

Listing ID

73540070

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:Other (See Remarks)
Principal Interest
$4,220
Taxes
$1,622

Home Price

$1,899,000

Loan Details

30 yrs
%

Down Payment

20%
$379,800
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Monthly Price:
$4,220.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,220.00 $1,622.00 $0.00 $5,842.00
Yearly $50,640.00 $19,464.00 $0.00 $70,104.00
Total $1,519,200.00 $583,920.00 $0.00 $2,103,120.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Salem, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.