See Home Value
$843,516*
Commercial - Off Market

84 Congress

Salem, MA 01970
bedrooms
Studio
bathrooms
0 Bath
square feet
2409 Sqft
$531,000 - $649,000
Reference Base Price*
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

Pleased to announce the availability of 84 Congress St. Salem. This is a great opportunity to become part of Salem's revitalization. Currently used as a well-established auto repair business this location offers the potential for change of use. Zoned R3 is residential multifamily which allows a variety of uses by right or exception. This is a highly visible 9000 sf corner lot with 4 curb cuts located on the corner of Congress and Dow. This is a partial 2 story 2409 sf building with 4 bays, 2 drive in doors, 2 lifts (10 ton & 12 ton), 200 Amp triple phase power and compressor.  Second floor office space has separate exterior entrance with private office, reception area, large walk in storage room, kitchenette, private bathroom with shower. Ground floor office has reception area with private office and private bathroom. This could be a great opportunity for redevelopment multi residential use. Property is 21 E compliant.

The manager has listed the unit size as 2409 square feet.
Unit Size
2,409Ft²
Days on Market
-
Land Size
-
Price per sqft
$245
Property Type
Commercial
Property Taxes
$9,580
HOA Dues
-
Year Built
1950

Price History

Date / Event Date Event Price
Dec 6, 2019 No longer available -
No longer available
Oct 25, 2019 Relisted $590,000
Relisted
Oct 19, 2019 No longer available -
No longer available
Jun 3, 2019 Listed $590,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
9 Beds
3 Baths
-
$560,000 May 1, 2018
$560,000 Jun 18, 2018
$500/mo
Multifamily
9 Beds
4 Baths
-
$581,900 Sep 26, 2019
$581,900 Mar 6, 2020
$496/mo
Multifamily
10 Beds
4 Baths
-
$516,500 Jul 15, 2004
$516,500 Nov 23, 2004
$412/mo
Multifamily
10 Beds
3 Baths
-
$730,000 Jul 29, 2021
$730,000 Sep 24, 2021
$523/mo
Multifamily
12 Beds
4 Baths
-
$535,000 Mar 31, 2005
$535,000 Aug 8, 2005
$358/mo
Multifamily
5 Beds
4 Baths
-
$545,000 Apr 25, 2018
$545,000 Jun 4, 2018
$444/mo
Commercial
Loft
1 Bath
-
$499,000 Aug 29, 2022
-
$851/mo
Multifamily
Stu
-
-
$499,000 Dec 28, 2022
-
$851/mo
Condo
3 Beds
2 Baths
-
$599,900 Jan 12, 2023
-
$590/mo
House
3 Beds
2 Baths
-
$550,000 Aug 24, 2022
-
$487/mo
Condo
2 Beds
2 Baths
-
$649,000 Dec 7, 2022
-
$789/mo
Condo
2 Beds
2 Baths
-
$519,900 Jan 12, 2023
-
$703/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190603
06/03/2019
Studio
-
2409 ft²
$590,000
bedrooms
Studio
bathrooms
-
square feet
2409 ft²
-
-
-
-

Building Info

84 Congress Street 84 Congress Street, Salem, MA 01970
More about this Building
84 Congress Street
Want to find out who owns 84 Congress Street, Salem, MA 01970? Get detailed property transactions here .

About South Salem


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