Member Login  |  Sign Up  |  Contact Us  |  Our Blog
RE/MAX Advantage Real Estate Facebook Page RE/MAX Advantage Real Estate on Twitter

 

Print  
Prepared for : Dec-09-2019 01:55:37 pm
Property Image

Previous Photo     1 of 30     Next Photo        Start Slideshow

Print Photo Sheet: 1   2   3   4   5   All  

49 Federal St
Salem, MA. 01970-3436

Essex County

Directions: Federal St Between Washington St & North St. Across From Essex County
Superior Court.

MLS # 72570195 - Under Agreement
Commercial/Industrial Office

List Price $580,000 Zoning B5
List Date   Lot Size 3,485SF
Sale Price   Est. Street Front 34
Sold Date   Depth 49
Assessed Value $484,100 Waterfront  
Days on Market   Taxes $14,305.00
Square Footage 4,176 Tax Year 2019
# Units 1 Parking Spaces 5
Remarks:
Circa 1880, Mansard Victorian, 3 story office building located on Historic Federal Street. Conveniently situated across the street from Essex County Superior Court, Essex Probate & Family Court and Salem Trial Court. Steps to thriving downtown Salem & the train station. Currently used as 2 separate, Law Practices which occupy all 3 floors. 1st floor has 10' ceilings, 2 marble fire places (should be checked), 2 spacious offices (13x19), 3rd office or conference room, waiting room and 1/2 bath. 2nd floor has 5 offices (2 are 13x 18). 3rd floor has a 5 offices (1 office is 13x19) and a 1/2 bath. There is an additional separate side entrance to building that goes from exterior to the 3rd floor. All 3 floors can be accessed privately from rear entrance. Versatile layout for more than one business to operate. Possible conversion to a residential two family or two condominiums. Buyer should check with City to see if residential is feasible. Parking space on left side belongs to 49 Federal.
Building Info
Office Sq. Ft.   4176
Office Units   1
Retail Units   0
Resi. Units   0
Wrhse. Units   2019
Total Units   1
Total Sq. Footage   0
Features
# Restrooms   1
Ceiling Height   10
Construction   Frame
Driving Doors   0
Easements   0
Elevator   No
Handicap Accessible   No
Loading Docks   0
Location   Downtown,
   Historic, Free Standing,
    Highway Access, Public
   Transportation
Parking   1-10 Spaces,
   Detached, Open, Paved
   Driveway
Plat Plan   No
Railroad Siding   No
Roof   Combination
Sprinklers   No
Traffic Count   0
Utilities   Public Water,
   Public Sewer
Financial Info
Building Assessed Value   $270,800 Land Assessed Value   $213,300
Additional Information
21E on File   No
Deed   Book: 6531, Page:
   357
Disclosure Declaration  
   No
Exchange   No
Foreclosure   No
Lease   No
Lease Includes   Not
   Applicable
Off Market Date   11/3/19
Parcel #   M:26 L:0418
Short Sale   No
Site Condition   Level
Space Available   For Sale
Sublet   No
Year Built Source   PR
Zone Desc.   Other (See
   Remarks)

click here to view map in a new window

Property Last Updated by Listing Office: 11/4/19 3:05am

Courtesy: MLSPIN

Listing Office: RE/MAX Advantage Real Estate Listing Agent: Gary Blattberg


Loan Calculator
Total Price $
Down Payment $
Principal $
Interest %
Period (years)

Monthly Payment $
Monthly Taxes $