Commercial for Sale: 63 Grove St, Salem, MA 01970

34,308 sqft
$5,900,000
$5,900,000
63 Grove St, Salem, MA 01970
34,308 sqft
$5,900,000
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Price:
$5,900,000

Type Commercial
Square Feet 34,308 sqft
Lot Size 1.44 acres
Year Built 1953

City Salem
County Essex

MLS 73325881
Status Active
DOM 4 days
An excellent investment opportunity in Salem's most active redevelopment area. Over 62,000 sq ft of development potential. Located two miles from central Salem and Peabody city line. Concrete block and steel construction. The first level is an industrial warehouse with heavy power. The second level is 5,500 sq ft of renovated office space with separate HVAC. A drive-in door and five loading dock doors with one dock accommodating interior loading. Great upside in this emerging neighborhood! Buyer/buyer's agent to perform your own due diligence.

Lot & Building Features

Tax Year 2024
Taxes Paid $42,763

Price History of 63 Grove St

Date Name Price Difference
01/14/2025 Listing Price $5,900,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 63 Grove St, Salem, MA

Location Map Street View
Photo of Terri Brunette
Direct: 603-964-7000
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Lynnway Associates, Rosa DeCastro
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1%
6.75%
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Monthly Taxes
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63 Grove St (MLS #73325881) is a commercial listing located in Salem, MA. This commercial listing is 34,308 sqft and on a lot of 62,726 sqft (or 1.44 acres) and is 72 years old. This property was listed on 01/14/2025 and has been priced for sale at $5,900,000.

Nearby zip codes are 01907, 01915, 01923, 01945 and 01960. This property neighbors other cities such as Beverly, Danvers, Marblehead, Peabody and Swampscott.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Lynnway Associates

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.