132-134 Canal St Active Save Request In-Person Tour Request Virtual Tour
Salem,MA 01970
$ 25
- Bed
- Bath
7900 SqFt
Key Details
Property Type Commercial/Industrial
Sub Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 7,900 sqft
MLS Listing ID 72422799
Year Built 1940
Annual Tax Amount $23,284
Tax Year 2018
Lot Size 0.768 Acres
Property Sub-Type Commercial
Property Description
Lease up to 7,900 sq. ft. in a new mixed-use project being developed on Canal St. in Salem. The five (5) building Planned Urban Development will be known as University Square, and will feature retail and office space, plus 49 apartment units. The landscaped site will include ample adjacent parking. Join existing tenants, Family Dollar, O'Reilly Auto Parts, Honey Dew, Paradise Dental, and others. The site is opposite Crosby's Marketplace and across from a newly renovated McDonald's. University Square is in close proximity to Salem Hospital and the Salem CBD, and a short walk to Salem State University, which has over 9,000 students and faculty members. University Square abuts a newly constructed rail trail, which runs the length of the property. Canal St., which is one of Salem's most active business roadways, was recently upgraded, including new paving, sidewalks and lighting. A proposed future South Salem commuter rail stop may also be located behind the development.
Location
State MA
County Essex
Zoning I
Exterior
Parking Features 21+ Spaces
Utilities Available Public Water,Public Sewer
Building
Story 3