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296 & 288 Highland Ave, Salem MA 01970

Commercial Sale

Exceptional investment / redevelopment opportunity with outstanding visibility on busy Highland Ave. The property is approved for AUTO BODY USE -a highly sought-after & difficult-to-obtainThe primary retail parcel features a 4,488 SF automotive facility equipped with 6 service bays, 4 lifts, showroom space, manager’s office, parts & stock rooms, customer waiting area, security system. Also included are approximately 12 acres of residential land located behind the main commercial site, offering significant future development potential.The second parcel includes a small residential structure situated on commercially zoned land, presenting excellent redevelopment possibilities. Strategically located alongside major national retailers and traffic generators w/ more than 35,000 vehicles per day.This property is also being offered for lease. Automotive facility (296 Highland Ave) is $15,000 per month modified gross. Add the residential home in for $20,000 per month.

This home has been viewed 64 times

Last Checked: July 28th, 2026 at 5:33am (Source: MLS PIN #73517059)

General Information for 296 & 288 Highland Ave, Salem MA 01970

Listing ID73517059

Property TypeCommercial Sale / Commercial

Price$2,795,000

Style

CitySalem

CountyEssex

Neighborhood(s)Ipswich

ZoningComm/Resid

Year Built1950

Disclosures for 296 & 288 Highland Ave, Salem MA 01970

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Special Listing Conditions

ExclusionsPersonal Property

Compensation Based On

Contact Information for 296 & 288 Highland Ave, Salem MA 01970

Agent

Name: Doug Martin

Office

Name: Keller Williams Realty - Londonderry

Phone: 603-965-2992

Exclusive Listing Agent

Keller Williams Realty - Londonderry

Doug Martin

Agent Phone

Office Phone

(603) 965-2992

Text Agent Call Agent Call Office

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EXIT

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