218-222 Highland Ave

Salem, MA
$ 5,500,000 Beds 0 Baths 0 Sq 43,500
Monthly Estimate* How much can I afford?

Manufacturing/ Warehouse/ Distribution property for sale. Over 40,000 square feet total, with approximately 36,000 sf production/ warehouse, and 6,000sf mezzanine warehouse and 3,600sf mezzanine office. Situated on 3.3 acres on high traffic Route 107, this facility has 480V, 1,200 Amp Phase 3 Power, 24' clear height, 36 parking spaces, a total of 9 loading docks, 6 with levelers. This building is ideally suited for a warehouse/ distribution user wanting superior visibility and access to major routes through the north shore. This location is near MA Route 128, I-95, and is less than 30 minutes from Boston Logan International Airport. Property information was obtained through the seller and public records. Prospective buyers must perform due diligence as to measurements, material facts and suitability of the property for their intended use. Offering Memorandum for this opportunity is under development.

Commercial

  • Price
  • $ 5,500,000
  • Lot Size
  • 3.33 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 43,500
  • Full Bathrooms
  • 0
  • Year Built
  • 1956
  • Half Bathrooms
  • 0
  • City, Zip
  • Salem
  • Taxes
  • 74915
  • County
  • ESSEX
  • Style
  • Industrial
  • Area
  • MLS#
  • 72806507
  • Zip
  • 01970
Listing Provided by: Faulkner Commercial Group with Keller Williams Realty.
Data Source: MLSPIN

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Methuen, MA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/31/2021 Listed $5,500,000

Property vs Zip Code Average in 01970

Price
AVG $420K
$5.5M
Taxes
AVG $42,621
$74,915
Visits
AVG 74
4
Year Built
AVG 1952
1956

Map

Areas That We Cover

218-222 Highland Ave Salem, MA is a Single Family Home for sale at $5500000 with 43500 sqft and a lot size of 3.33 Acres Acre(s). 218-222 Highland Ave Salem has 0 bedrooms, 0 baths and was built in 1956. The property's zip code is 01970 which is in Salem, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.