Listed by Bill Riffert with EXP Realty Cell: 617-259-0810

Active

326 S Broadway Boulevard

Salem NH, 03073

$3,400,000


$91.89 per sqft

Active

18 Baths

37,000 sqft

Commercial

Built in 1950

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.

5027272

MLS ID

January 21, 2025

Listed

January 21, 2025

Updated

Map

326 S Broadway Boulevard
Salem NH, 03073

Interior Features

Total Bathrooms

18


Fireplace

No


Cooling

Yes


Cooling Description

Central AC


Heating

Yes


Heating Description

Forced Air, Oil

Exterior/Building Features

Lot Size

2.43 Acres


Roof

Flat


Sewer

Public

Other Property Details

Area Name

NH-Rockingham


Days on Market

1


Garage

No


Parking

Parking Spaces 21, Paved


View

No


Pool

No

Listed by Bill Riffert with EXP Realty Cell: 617-259-0810

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