6,442 sqft

$1,899,000

13 Central Street, Salem MA, 01970

Price per sqft$294.78

Built in1868

Property size6,442 sqft

Property typeCommercial

Overview

Active

Listed Jun 23, 2026

Updated 10 days ago

PRICE ADJUSTMENT! Rare chance to acquire a prominent 6,442 SF mixed-use commercial building in the heart of downtown Salem. This three-story property features a well-established first-floor restaurant and residential apartments on the second and third floors, providing diversified income and a strong, consistent rental history. Set on a historically significant site tied to Salem’s colonial and Revolutionary-era past, the property is marked by a plaque commemorating The London Coffee House, a notable gathering place dating to 1698. Its highly visible, walkable downtown location offers easy access to Salem’s shops, restaurants, cultural attractions, and year-round tourism. With long-term tenants, stable occupancy, and value-add potential, this building represents an attractive investment opportunity.

Additional information

MLS^® ID: 73540070

Interior Features

Basement: No

Exterior Features

Lot Size: 0.09 Acres

Other Property Details

Taxes: $19,464
Tax Frequency: Annually
55+/Senior Community: No

This listing is provided by Stephen Velonis with Coldwell Banker Realty - Lynnfield

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Data last updated 4:47 AM UTC, 9/4/2026