Brought to you by: Lori Bouchie - RE/MAX Advantage Real Estate
224 Washington Street
Gloucester, MA 01930

Phone: (978) 884-8379 Fax: (978) 865-1227

49 Federal St
Salem, MA. 01970-3436
MLS # 72570195
Comm./Ind. Office
Status Active
List Price $580,000 Zoning B5
List Date   Days on Market  
Sale Price   Est. Street Front 34
Sold Date   Depth 49
Assessed Value $484,100 Waterfront  
Lot Size 3,485SF Parking Spaces 5
Square Footage 4,176 # Units 1
Taxes $14,305.00 Tax Year 2019
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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.

# 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

Building Assessed Value : $270,800
Land Assessed Value : $213,300

Deed : Book: 6531, Page: 357
Space Available : For Sale

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