$1,899,000

About this home

PRICE ADJUSTMENT! Rare chance to acquire a prominent 6,442 SF mixed-use commercial building in the heart of downtown Salem. This three-story property features a well-established first-floor restaurant and residential apartments on the second and third floors, providing diversified income and a strong, consistent rental history. Set on a historically significant site tied to Salem’s colonial and Revolutionary-era past, the property is marked by a plaque commemorating The London Coffee House, a notable gathering place dating to 1698. Its highly visible, walkable downtown location offers easy access to Salem’s shops, restaurants, cultural attractions, and year-round tourism. With long-term tenants, stable occupancy, and value-add potential, this building represents an attractive investment opportunity.

Property details

MLS #

73540070

Property type

Home

Year built

1868

Interior

6,442 ft2

Status

Active

Listed by

Boston Realty

Listed 4 days ago

Facts & features

Location