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Income-Producing Commercial Office Investment | Salisbury, MAPosition your portfolio for growth with this commercial office investment at 191 A Elm Street in Salisbury! Offering approximately 13,700 square feet of building area, this property presents an opportunity for investors seeking an established commercial asset with existing rental income and additional leasing potential.The property features approximately 4,087 square feet of net rentable space, with reported occupancy of approximately 73%, offering an opportunity to build on the existing tenancy and explore additional income potential as available space is leased.With reported net operating income of approximately $171,800 and a reported capitalization rate of 6.54%, the property provides an attractive starting point for investors evaluating income-producing commercial real estate. Buyers should independently verify all financial information, operating expenses, leases, and occupancy details.The office property is situated in Salisbury, a convenient North Shore location with access to major highways, nearby commercial amenities, and the Greater Newburyport area. Its regional accessibility makes it worth consideration for investors seeking a commercial property in the Southern New Hampshire and Massachusetts coastal market.Whether you're expanding an existing portfolio, seeking commercial rental income, or evaluating opportunities to enhance occupancy and long-term performance, 191 A Elm Street offers a compelling investment opportunity.

More Info

Basic Information

  • Mls StatusActive
  • Parcel Number 4730654
  • Unit Number191A

Tax Information

  • Tax Year 2022
  • Taxes$13,415

Rooms

  • Bathroom5

Basic Information

  • List Price$2,625,000
  • MLS Number73060116
  • Modification Date10/29/2026

Location

  • Address191 A Elm Street
  • Building Number191 A
  • CountyEssex
  • StateMA
  • StreetElm Street
  • TownSalisbury
  • Zip01952

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer, Natural Gas Available, 220 Volts
  • Year Built1988

Property

  • Acreage0.23

Property Information

  • Living Area 13,700
  • Lot Size Square Feet 9,999
  • Lot Size Units Acres
  • Square Feet13,700

Other

  • Date Listed11/21/2022
  • Farm Land Area Units Square Feet
  • View Count26

Map Location

Driving Directions

Listed by The North Shore Realty Group of eXp Realty LLC

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