REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 750,000
Est. payment /mo
New
1 Dipietro Avenue Salem, MA 01970
0.54 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73413342
HOA Y/N false
Year Built 1964
Annual Tax Amount $5,589
Tax Year 2024
Lot Size 0.540 Acres
Acres 0.54
Property Description
Property with Adjacent Development Land – 1 Dipietro Ave & 3 Swampscott Rd, Salem, MA This two-parcel offering presents a strategic opportunity in Salem's expanding South Side commercial zone. The primary parcel, 1 Dipietro Avenue and Directly behind it lies 3 Swampscott Road, a 1.31-acre vacant lot with B-2 zoning, offering excellent development potential.Both parcels are zoned B-2 (Business-Highway District), supporting a broad array of commercial uses including office, retail, restaurants, contractor bays, automotive services, and more. Together, the properties provide approximately 1.85 acres of usable land, making them ideal for developers, owner-users, or investors seeking a phased redevelopment or hybrid income/development strategy. With close proximity to Highland Avenue (Route 107), Salem Hospital, and established business nodes, this site offers great long-term upside.
Location
State MA
County Essex
Zoning B-2
Direction Just off of 107
Exterior
Total Parking Spaces 4
Others
Senior Community false
Listed by Keller Williams Realty Evolution