USAMASalem296 & 288 Highland Ave
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296 & 288 Highland Ave, Salem, MA

Real Estate

For Sale

Listed price in listed location currency (USD).
$3,495,000

000

MLS® 73517059

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 5483 sqft
Garage No
HOA Fees 
Taxes $39,693
Days Active 0
Approx. Age 1950
Avg. Price Per Sqft $637
MLS® Number 73517059

Property Address: 296 & 288 Highland Ave, Salem, MA, 01970

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

Description

Exceptional investment / redevelopment opportunity with outstanding visibility on busy Highland Ave. The property is approved for AUTO BODY USE -a highly sought-after & difficult-to-obtain approval & is ideal for auto sales, service, repair, or collision operations.This unique offering includes 2 commercial lots with over 200 ft of frontage in a high-traffic retail corridor.The primary retail parcel features a 4, 488 SF automotive facility equipped with 6 service bays, 4 lifts, showroom space, manager’s office, parts & stock rooms, customer waiting area, security system. Also included are approximately 12 acres of residential land located behind the main commercial site, offering significant future development potential.The second parcel includes a small residential structure situated on commercially zoned land, presenting excellent redevelopment possibilities.Strategically located alongside major national retailers and traffic generators w/ more than 25, 000 vehicles per day.
MLS® Number73517059
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1950
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 12, 2026List Date
$3,495,000List Price
  • Commute

Commute

Starting Address
Destination Address
296 & 288 Highland Ave, Salem, MA

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