3 Swampscott Road Salem, MA $ 575,000
3 Swampscott Road
$ 575,000
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3 Swampscott Road

Salem, MA, 01970
$ 575,000
Bedrooms-- Baths--

Monthly Estimate*

$ 3,587

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Commercial Property for sale in Salem, MA

for $575,000. This building was built in 1970 on a lot size of 0.68.

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. Please note these parcels are being sold "as is". Please do not walk the property without an appointment.

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Commercial Active

Price

$ 575,000

Property Type

Commercial

Taxes

$ 5,640

Style

Land

Lot Size

0.68

Year Built

1970

Town/City

Salem

County/Region

Essex

MLS | Web ID

73413343

List By
Stephen Cavanaugh

Listing Agent

Keller Williams Realty Evolution

Broker

Affordability Calculator

$4,057
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,587
Monthly Property Taxes
$470
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
10/1/2025$575,000 -14.81% Price Down
8/5/2025$675,000 -10.00% Price Down
8/4/2025$750,000 Listed Price

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3 Swampscott Road, Salem, MA, 01970 is a Commercial Property for sale at $575,000 with a lot size of 0.68. 3 Swampscott Road was built in 1970. The property's zip code is 01970 which is in Salem, MA