64 Ward St Salem, MA $ 1,395,000
64 Ward St
$ 1,395,000
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64 Ward St

Salem, MA, 01970
$ 1,395,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,589

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Commercial Property for sale in Salem, MA

for $1,395,000. This building was built in 1900 on a lot size of 0.2.

Prime development opportunity in Salem featuring concept plans for a 17-unit multifamily building. The proposed layout includes a mix of studio, one-bedroom, and two-bedroom units, designed for efficient use of space and strong rental performance.This property offers significant redevelopment potential, including possible use under Massachusetts Chapter 40R, allowing developers to benefit from smart growth zoning strategies and increased density in appropriate areas.Located in a high-demand rental market with close proximity to downtown Salem, transportation, and Boston access, this site presents a compelling opportunity for developers seeking strong long-term upside.

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Commercial Active

Price

$ 1,395,000

Property Type

Commercial

Taxes

$ 10,493

Style

Commercial

Lot Size

0.2

Year Built

1900

Town/City

Salem

County/Region

Essex

MLS | Web ID

73500853

List By
David Seetaram

Listing Agent

David Seetaram

Broker

Affordability Calculator

$9,464
Per Month
91%
9%
0%
Monthly Principal & Interest
$8,589
Monthly Property Taxes
$874
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4/14/2026$1,395,000 Listed Price

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64 Ward St, Salem, MA, 01970 is a Commercial Property for sale at $1,395,000 with a lot size of 0.2. 64 Ward St was built in 1900. The property's zip code is 01970 which is in Salem, MA