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5 Baths
13,700 sqft

$2,625,000

191 A Elm Street # 191A, Salisbury MA, 01952

Price per sqft$191.61
Built in1988
Property size13,700 sqft
Property typeCommercial

Overview

Active

Listed Nov 21, 2022

Updated 1h ago

Income-Producing Commercial Office Investment | Salisbury, MAPosition your portfolio for growth with this commercial office investment at 191 A Elm Street in Salisbury! Offering approximately 13,700 square feet of building area, this property presents an opportunity for investors seeking an established commercial asset with existing rental income and additional leasing potential.The property features approximately 4,087 square feet of net rentable space, with reported occupancy of approximately 73%, offering an opportunity to build on the existing tenancy and explore additional income potential as available space is leased.With reported net operating income of approximately $171,800 and a reported capitalization rate of 6.54%, the property provides an attractive starting point for investors evaluating income-producing commercial real estate. Buyers should independently verify all financial information, operating expenses, leases, and occupancy details.The office property is situated in Salisbury, a convenient North Shore location with access to major highways, nearby commercial amenities, and the Greater Newburyport area. Its regional accessibility makes it worth consideration for investors seeking a commercial property in the Southern New Hampshire and Massachusetts coastal market.Whether you're expanding an existing portfolio, seeking commercial rental income, or evaluating opportunities to enhance occupancy and long-term performance, 191 A Elm Street offers a compelling investment opportunity.

Additional information

MLS® ID
73060116

Interior Features

Bathrooms
5
Basement
No

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Taxes
$13,415
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by The North Shore Realty Group with eXp Realty LLC

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Data last updated 3:55 AM UTC, 10/30/2026

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