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Prime Development Opportunity on Route 1 in Salisbury, MA .This is a rare opportunity to acquire a substantial parcel of land in a prime location. The flexible LM-B zoning, significant frontage, existing infrastructure, and recent public improvements make this an ideal site for a wide range of commercial and residential development projects. The property benefits from high traffic counts, excellent regional access, and the ongoing revitalization of the Lafayette Road corridor. Lot Size: 1.79 Acres. Frontage: Exceptional 324 feet of direct frontage Development Potential 3 stories or 45' Utilities town water and sewer tie in available Zoning: LM-B Lafayette Main District B, offering a wide array of development possibilities including: Restaurant, Brew Pub Retail Multi-Family Housing 40B Developments Mixed-Use Projects R&D Laboratories Professional/Business Offices, Educational Facilities, Religious Organizations and more!

More Info

Basic Information

  • Lot Features Level
  • Mls StatusActive
  • Parcel Number 2146638

Tax Information

  • Tax Assessed Value $427,500
  • Tax Year 2024
  • Taxes$4,467

Basic Information

  • List Price$1,390,000
  • MLS Number73335771
  • Modification Date10/06/2025

Location

  • Address188 Lafayette Road
  • Building Number188
  • CountyEssex
  • StateMA
  • StreetLafayette Road
  • TownSalisbury
  • Zip01952

Building

  • Building Area Units Square Feet

Property

  • Acreage1.79

Utilities

  • Electric On-Site
  • Electric On Property YN Yes
  • Gas On-Site
  • Sewer At Street
  • Water Source Public

Property Information

  • Lot Size Square Feet 77,972
  • Lot Size Units Acres

Legal

  • ZoningLMB

Other

  • Date Listed02/17/2025
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Linda Houllahan of Jacob Realty,LLC

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