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Listed by Justin Repp of Keller Williams Realty Evolution

Listing Sold by J. Barrett & Company
Large mixed use building located in Salem's coveted McIntire Historic District! Built in 1740, 393 Essex St has been the home to many influential Salem residents throughout it's history. Today, it is a 4 unit building comprised of a first floor commercial space, and 3 residential units on the second and third floors (1 - two bed unit and 2 - one bed units). This property affords its next steward many options: keep the building in it's current state by filling the vacancies, or perhaps convert the first floor commercial space back to apartments. Could also work as a condo conversion project. The first floor was up until recently a dental practice bringing in $4k a month in rent. Per a variance granted in 1991, the first floor space shall be limited to commercial use for "professional offices, medical or dental clinic" since it is zoned residential. The property has ample parking and is located 1/2 mile to the Salem MBTA station and steps to downtown Salem. Shown by appointment.

Property Details of 393 Essex Street

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