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326 S Broadway BoulevardSalem, NH 03073MLS Number 5027272

  • Sale Price: $3,080,500
  • 7 Days Since Sale
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Federal 30-year interest rate: 6.65% last updated on Mar 27, 2025
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326 S Broadway Boulevard Salem NH 03073
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  • 2.43Acreage
  • 1950Year Built
  • 37,000Square Feet
  • 2024Tax Year
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. o 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. o Tenant Comfort: Each unit is equipped with its own heating and air conditioning systems, o 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. o 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.
Listed by Bill Riffert of EXP Realty (Cell: 617-259-0810)

Listing Sold by EXP Realty

Driving Directions

Gilman Real Estate
Gilman Real Estate
Office: 603-772-0808
39 Front St
Exeter, NH 03833

More Info

Tax Information

  • Tax Year2024

Building

  • Year Built1950
  • ConstructionBlock Exterior
  • NumberOfUnitsInCommunity18
  • FoundationSlab - Concrete
  • Square Feet37,000

Exterior

  • RoofFlat

Utilities

  • Heating CoolingForced Air, Oil

Amenities

  • PricePerSqFt83.26

Basic Information

  • StatusSLD
  • Modification Date03/21/2025
  • TypeBusiness, Investment, Retail
  • List Price$3,400,000
  • Broker NameEXP Realty
  • Listing Agent NameBill Riffert
  • Lister Office NameEXP Realty
  • Seller Office NameEXP Realty
  • Selling Agent NameBill Riffert
  • MLS Number5027272
  • MLS StatusClosed

Location

  • Building Number326
  • StreetS Broadway Boulevard
  • TownSalem
  • StateNH
  • Zip03073
  • CountyRockingham
  • Map136
  • Address326 S Broadway Boulevard

Property

  • Acreage2.43
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaNH-Rockingham
  • Lot Sqft105,851

Other

  • Date Listed01/21/2025
  • View Count1

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