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136 Canal St

Salem, MA 01970
  • $19
  • STATUS: Active
  • MLS #: 72422799
UPDATED: 34 min ago
$19
  • 0
    BEDS
  • 0.77
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,900
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1940
County:
Area:

School Ratings & Info

Listing courtesy of Mark Shapiro of The Drumlin Group Inc..

Description

Lease up to 6,500 sq. ft. (sub-dividable from 1,450 sq. ft.) retail/restaurant/office/medical apace in a new mixed-use project being developed on Canal St. in Salem. The five (5) building Planned Urban Development will be known as University Square, and features retail and office space, plus 49 apartment units. The landscaped site will include ample adjacent parking. Join existing tenants, STARBUCKS NOW OPEN! Family Dollar, O'Reilly Auto Parts, Paradise Dental, and others. The site is opposite Crosby's Marketplace and across from a newly renovated McDonald's. University Square is in close proximity to Salem Hospital and the Salem CBD, and a short walk to SSU, which has approx. 7,500 students and faculty members. University Square abuts a new recreation trail. Stated base rent is reflective of tenant leasing the entire 6,500 sq. ft. Triple Net charges are estimated at $6.50-$7.00 per sq. ft. Utilities are separately metered.

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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 2022-01-16T17:08:30.527.
www.gillachgroup.com/homes/89330406
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136 Canal St Salem, MA 01970

  • Price: $19
  • Status: Active
  • On Site: Days
  • Updated: 34 min ago
  • MLS #: 72422799
0
Beds
0
Baths
0
½ Baths
0.77
Acres
7,900
SQFT
$0
$/SQFT
1940
Built
Neighborhood:
Other
County:
Essex
Area:
Other
Property Description
Lease up to 6,500 sq. ft. (sub-dividable from 1,450 sq. ft.) retail/restaurant/office/medical apace in a new mixed-use project being developed on Canal St. in Salem. The five (5) building Planned Urban Development will be known as University Square, and features retail and office space, plus 49 apartment units. The landscaped site will include ample adjacent parking. Join existing tenants, STARBUCKS NOW OPEN! Family Dollar, O'Reilly Auto Parts, Paradise Dental, and others. The site is opposite Crosby's Marketplace and across from a newly renovated McDonald's. University Square is in close proximity to Salem Hospital and the Salem CBD, and a short walk to SSU, which has approx. 7,500 students and faculty members. University Square abuts a new recreation trail. Stated base rent is reflective of tenant leasing the entire 6,500 sq. ft. Triple Net charges are estimated at $6.50-$7.00 per sq. ft. Utilities are separately metered.
Exterior Features

Location UrbanStrip Parking Features 21+ Spaces Parking Spaces 52 Stories 3

Interior Features

Maf Building Sq Ft 0.00 Ref Building Sq Ft 7900.00 Rsf Building Sq Ft 0.00 Total Building Sq Ft 7900.00 Waf Building Sq Ft 0.00

Property Features

Assessed Value Building 317000.00 Assessed Value Land 459900.00 Assessed Value Total 776900.00 Commercial Industrial Type Commercial Disclosure No Exchange No Lease Yes Lease Price Includes Building Lease Type Triple Net Lease (Nnn) Lender Owned No Mau Units 0 Ofu Units 0 On File21 E No Reu Units 1 Rsu Units 0 Short Sale Lender App Required No Space Available For Lease Sublet No Tax Year 2018 Taxes 23284.00 Total Units 1 Utilities Public WaterPublic Sewer Wau Units 0 Year Built Source Pr Zone Description Legal Non-Conforming Zoning I

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Mark Shapiro 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 2022-01-16T17:08:30.527.
 
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The Gillach Group | William Raveis Real Estate
191 Grove Street
Chestnut Hill MA, 02467
Listing courtesy of Mark Shapiro of The Drumlin Group Inc..