64 Ward St Salem MA 01970 MLS #73500853

64 Ward St
Salem, MA, 01970
$1,395,000
Beds
0 Baths
0 SqFt
0.2 Acres
$1,395,000
64 Ward St
Salem, MA, 01970
MLS #73500853 image #0
Prime development opportunity in Salem featuring concept plans for a 17-unit multifamily building. The proposed layout includes a mix of studio, one-bedroom, and two-bedroom units, designed for efficient use of space and strong rental performance.This property offers significant redevelopment potential, including possible use under Massachusetts Chapter 40R, allowing developers to benefit from smart growth zoning strategies and increased density in appropriate areas.Located in a high-demand rental market with close proximity to downtown Salem, transportation, and Boston access, this site presents a compelling opportunity for developers seeking strong long-term upside.

Property Details

Price:
$1,395,000
MLS #:
73500853
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
Apr 13, 2026
Lot Size:
8,721 sqft / 0.20 acres (approx)
Year Built:
1900

Schools

Interior

Exterior

Financial

Tax Year
2025
Taxes
$10,493
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Marie Andrews

Marie Andrews

RealtorĀ®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Current real estate data for Commercial in Salem as of May 04, 2026
8
Commercial Listed
368
Avg DOM
329
Avg $ / SqFt
$709,734
Avg List Price

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Property Summary

    64 Ward St Salem MA is a Commercial for sale in Salem, MA, 01970. It is listed for $1,395,000 To schedule a showing of MLS#73500853 at 64 Ward St in Salem, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
64 Ward St
Salem, MA