136 Canal StreetSalem, MA 01970MLS Number 72422799

  • Price: $19
  • 1169 Days on Market
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Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
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136 Canal Street Salem MA 01970136 Canal Street Salem MA 01970136 Canal Street Salem MA 01970136 Canal Street Salem MA 01970136 Canal Street Salem MA 01970136 Canal Street Salem MA 01970136 Canal Street Salem MA 01970136 Canal Street Salem MA 01970
QR Code
  • 0.77Acreage
  • 1940Year Built
  • 7,900Square Feet

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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.
Listed by David Hark and Mark Shapiro of The Drumlin Group Inc.

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More Info

Parking

  • Parking Spaces52
  • Parking Feature21+ Spaces
  • Total Parking Spaces52

Building

  • Year Built1940
  • Total Units1
  • Total Bldg Sf7900
  • Reu Units1
  • No Buildings1
  • No Stories3
  • Entry OnlyNo
  • Assessed Value Bldg317000

Basic Information

  • MLS Number72422799
  • Prop TypeCI
  • Status Date2021-12-30T14:53:00
  • Date Listed11/12/2018
  • List Price$19
  • LeaseYes
  • Lease Price IncludesBuilding
  • Lease TypeTriple Net Lease (NNN)
  • DirectionRt. 1A (Loring Ave.) to Canal or Rt. 114 (Washington St.) to Canal.
  • MLS StatusActive

Utilities

  • UtilitiesPublic Water, Public Sewer

Photos

  • Photo Date2021-11-01T08:43:00
  • Number of Photos8

Location

  • StreetCanal Street
  • TownSalem
  • StateMA
  • Zip01970
  • Zip Code 44650
  • CountyEssex
  • LocationUrban, Strip

Property

  • Acreage0.77
  • Space AvailableFor Lease
  • Square Feet7,900
  • SubletNo
  • Lot Size33475
  • Assessed Value Land459900
  • Main LoC95118

Other

  • Modification Date2022-01-03T03:05:00
  • Certificate Number580
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • Book36173
  • Listing AgreementExclusive right to Lease
  • Ref Bldg Sf7900
  • ExchangeNo
  • Page673
  • View Count20
CENTURY 21  Advance Realty
CENTURY 21 Advance Realty
Office: 781-395-2121
284 Salem Street
Medford, MA 02155

The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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