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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.

More Info

Basic Information

  • Mls StatusActive
  • Parcel Number 4078569

Tax Information

  • Tax Year 2025
  • Taxes$19,464

Basic Information

  • List Price$1,899,000
  • MLS Number73540070
  • Modification Date09/03/2026

Location

  • Address13 Central Street
  • Building Number13
  • CountyEssex
  • StateMA
  • StreetCentral Street
  • TownSalem
  • Zip01970

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Private Sewer, Natural Gas Available
  • Year Built1868

Property

  • Acreage0.09

Property Information

  • Living Area 6,442
  • Lot Size Square Feet 3,920
  • Lot Size Units Acres
  • Square Feet6,442

Legal

  • ZoningB5
  • Zoning Description Other (See Remarks)

Other

  • Date Listed06/23/2026
  • Farm Land Area Units Square Feet
  • View Count5

Map Location

Driving Directions

Listed by Stephen Velonis of Coldwell Banker Realty - Lynnfield

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