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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