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$699,000
Est. payment /mo
2,728 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,728 sqft
Price per Sqft $256
MLS Listing ID 73363657
Style Ranch
Year Built 1967
Annual Tax Amount $4,501
Tax Year 2025
Lot Size 1.480 Acres
Acres 1.48
Property Description
Prime Development Opportunity on Route 1High-Visibility | Transformational Zoning | 1.5 Acres of PossibilityAttention visionary developers, investors, and builders—welcome to one of the most strategic and high-exposure parcels on the North Shore. Located directly on bustling Route 1 in Salisbury, Massachusetts, this 1.5-acre property offers a rare opportunity to shape the future of a town undergoing a powerful transformation from coastline to town center. Positioned in a rapidly revitalizing corridor, this site offers flexible redevelopment potential ideal for: Class-A office space or professional medical suites, Senior living or assisted living residences, High-demand multi-family, duplex, or condominium units. This is your chance to create a landmark destination in one of the North Shore's most talked-about coastal towns. The momentum is here—bring your vision to life.
Location
State MA
County Essex
Zoning LM-D
Direction Take I-95 N, exit MA-110 E, left on Lafayette Rd.
Exterior
Roof Type Shingle
Total Parking Spaces 10
Building
Architectural Style Ranch
Schools
Elementary Schools Salisbury Elem
Middle Schools Triton Regional
Others
Senior Community false
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Listed by eXp Realty
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