Salem, NH 03073,326 S Broadway BLVD
Salem, NH 03073,326 S Broadway BLVD
Salem, NH 03073,326 S Broadway BLVD
10
Listed by Bill Riffert • EXP Realty • Cell: 617-259-0810
Bought with Bill Riffert • EXP Realty
$3,080,500
$3,400,000
9.4%
Est.Price: ?

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2.43 Acres Lot

326 S Broadway BLVD Salem, NH 03073

Est. payment /mo
SOLD DATE : 03/21/2025

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Key Details

Sold Price $3,080,500

Property Type Commercial

Sub Type Business,Investment,Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 5027272

Sold Date 03/21/25

Year Built 1950

Tax Year 2024

Lot Size 2.430 Acres

Acres 2.43

Property Sub-Type Business,Investment,Retail

Property Description

Fully Leased 18-Unit Retail Shopping Mall in Prime Salem, NH Location. Seize this exceptional investment opportunity to own a fully leased retail shopping mall strategically situated on NH Route 28, just one mile north of the MA state line in Salem, NH. This high-visibility location ensures a steady flow of traffic and patronage. • Total Space: Over 34,000 square feet of versatile retail space, thoughtfully divided into 18 individual units, each designed to accommodate a variety of retail businesses. • Tenant Comfort: Each unit is equipped with its own heating and air conditioning systems, • Electrical Capacity: The property boasts a robust 1,200 AMP 3-phase electrical service, with most units separately metered, facilitating straightforward utility management and billing. • Location Advantage: Positioned on the bustling NH Route 28 corridor, the mall benefits from high visibility and accessibility, attracting both local residents and commuters from neighboring Massachusetts. This fully occupied retail center offers a stable income stream with established tenants in place. The property's prime location in Salem—a market noted for its resilience and growth in the commercial real estate sector—adds significant value. The Salem submarket has demonstrated resilience amidst economic uncertainties, with strong demand for retail spaces. The area's strategic location near the Massachusetts border and along major routes like NH Route 28 contributes to its attractiveness.

Location

State NH

County Nh-rockingham

Area Nh-Rockingham

Zoning CIC

Interior

Cooling Central AC

Exterior

Parking Features Parking Spaces 21+, Paved

Garage Description Parking Spaces 21+, Paved

Utilities Available Cable, Gas - At Street

Roof Type Flat

Building

Foundation Slab - Concrete

Sewer Public

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