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This is a rare opportunity to locate your business in a highly sought after retail plaza on one of Salem's busiest thoroughfares. This grocery anchored shopping center features Crosby's Marketplace, Subway, Marblehead Bank and other successful retailers. This is a long time asian restaurant space suitable for other food uses including pizza and ice cream. Located between Salem State University and downtown Salem, the site features abundant parking and a large pylon sign.

More Info

Basic Information

  • Mls StatusActive
  • Parcel Number M:33 L:0105,2134627

Tax Information

  • Tax Year 2025
  • Taxes$120,368

Basic Information

  • List Price$28
  • MLS Number73518025
  • Modification Date05/17/2026

Location

  • Address125 Canal Street
  • Building Number125
  • CountyEssex
  • StateMA
  • StreetCanal Street
  • TownSalem
  • Zip01970

Building

  • Building Area Units Square Feet
  • Year Built1955

Property

  • Acreage3.04

Property Information

  • Living Area 1,300
  • Lot Size Square Feet 132,536
  • Lot Size Units Acres
  • Square Feet1,300

Legal

  • ZoningB4
  • Zoning Description Legal Conforming

Other

  • Date Listed05/13/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Mark Shapiro of The Drumlin Group Inc.

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