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Adam Dow

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

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50 Grove St , Salem, MA 01970
$14
Est. Payment: $0.03/mo
0 Bed
0 Bath
5500 Sqft
Status: Active | Days on site: 58
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C95118 - CN226353
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House Description

Lease primarily open 5,500 sq. ft, first floor space, featuring high ceilings and significant natural light. Superb visibilty and exposure at the intersection of Grove St., Harmony Grove Rd., and Mason St. Prior to the most recent light assembly user, the location was operated as a social club/function hall. The layout is conducive for various commercial uses. The property is accessible from Rts. 128, 114, 107, and 1A. It features a private commercial sink, shared restrooms with the adjacent tenant, and pro-rata/in-common on-site parking. Deal structure is triple net (proportionate share of RET, CAM, and Bldg. Ins. (currently runniung approximately $4.00 per sq. ft.), plus utilities. Walking distance is roughly 15-20 minutes to the Commuter Rail Station and T Bus line.

Highlights

Listed by Mark Shapiro , 617-921-3020 The Drumlin Group Inc. , 978-741-3696.

Property Type

Commercial Lease

Lot/Acreage
1.78

Year Built

1910

County

Essex

Listing ID

73552571

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Interior Features

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

Exterior Features

Zoning:Legal Conforming
Principal Interest
$0
Taxes
$3,146

Home Price

$14

Loan Details

30 yrs
%

Down Payment

20%
$3
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$0.03

Principal

Taxes

Principal Taxes HOA Total
Monthly $0.03 $3,145.75 $0.00 $3,145.78
Yearly $0.36 $37,749.00 $0.00 $37,749.36
Total $10.80 $1,132,470.00 $0.00 $1,132,480.80

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.