140 Front Street
Retail | 14,574 SqFt
Marketing description
The Historic Old Grain Building is Now Available for Sale or a Joint Venture. An exciting downtown Salem location perfectly positioned behind the Furlong building on the signaled intersection of a CB - Central Business District zoned area of high visibility and high traffic counts. Directly overlooking the 26 acre Riverfront Park, the Salem Carousel and the new amphitheater, presenting a unique opportunity to tap into a thriving commercial hub, capturing exposure to local families and events at the park. This location comes with 14,574 SF split over three levels with 2,978 SF on the first floor, 5,792 SF on the second floor and 5,804 SF on the third floor. Don't miss the chance to establish yourself in this historic downtown location.
Step into the heart of Salem's bustling downtown with the opportunity to purchase or embark on a joint venture at the Historic Old Grain Building. Nestled behind the Furlong Building on a signaled intersection of the Central Business District, this property boasts prime visibility and a high traffic locale. With a unique three level building, positioned directly across from the scenic 26-acre Riverfront Park, seize the chance to establish your presence in this vibrant retail area.
140 Front Street. Directly across from the Riverfront park on the corner of State and Front Street in Salem. One block west of Commercial.
Investment highlights
- 14,574 SF with 3 Levels
- CB Zoned Property
- Up to $699,000 in Urban Renewal Grant Funds
- 20% Historic Tax Credit
- Qualified Opportunity Zone (QOZ)
- Across from Riverfront Park
- 2,978 - First Floor
- 5,792 - Second Floor
- 5,804 - Third Floor
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