Commercial Land for Sale in Salem, Massachusetts
3 Swampscott Rd, Salem, MA 01970
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.
Location
- Street address
- 3 Swampscott Rd
- County
- Essex County
- Elevation
- 164 feet
Property details
- Lot size
- 0.68 acres29,621 sq ft
- Zoning
- B-2
- MLS #
- MLSPIN 73413343
- Posted
Property taxes
- 2024
- $5,640
Parcels
- 2127302
Details and features
Listing
- Type
- Commercial Sale
- Franchise
- Keller Williams Realty
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 4, 2025 | Under contract | $575,000 | — | MLSPIN |
| Oct 2, 2025 | Price drop | $575,000 | $100,000 -14.8% | MLSPIN |
| Aug 7, 2025 | New listing | $675,000 | — | MLSPIN |