MLS Listings

4 Technology Way, 
Salem, Massachusetts MA 01970
$7,700,000 Sold For
Closed Status
10 Total Baths
86,000 SqFt
4.500 Acres
72972924 Listing ID
This new 86,000 square foot Laboratory/Multi-Use Building will have between 10,000- 50,000 SF available for lease that is subdividable. Tenant(s) will have the unique opportunity to work with the owner to customize the build-out of their space. This secure state of the art facility has 13ft ceiling heights (slab to slab), has all the latest electronic building systems, back up power generator and is Class A steal beam construction. Owner will be interested in a sale or lease. The current tenant, US Biological, will occupy 35,000 sqft in a long term lease. The building is located in Salem Business Park with Doyle Sailmakers, Baker School of Gymnastics, Salem Glass, Thermal Circuits, and Jaqueline's Wholesale Bakery. This is a terrific opportunity to relocate or expand your business on the North Shore, which is only 2 miles from Swampscott MBTA commuter rail, and 15 miles from Boston.
Status Closed
Sold Date 8/23/2022
County Essex
Year Built 2012
Property Type Commercial Sale
Commercial Sale

Primary Features

County: Essex
Property Type: Commercial Sale
Year Built: 2012

Interior

Building Area Units: Square Feet
Living Area: 86000

External

Farm Land Area Units: Square Feet
Lot Size Area: 4.5
Lot Size Square Feet: 196020
Lot Size Units: Acres
Roof: Metal
Utilities: Public Water

Location

Country: US
Directions: Minutes from Home Depot, TJ Maxx, Shaws,Target,MBTA Swampscott Station,and residential developments.
Zoning: BPD
Zoning Description: Legal Conforming

Additional

Business Type: Commercial
Mls Status: Sold

Financial

Buyer Agency Compensation: 2
Disclosures: Owner Is Excited To Work With New Tenants And Buyers. Please Inquire With Any Questions You Or Your Clients May Have!
Existing Lease Type: Gross
Tax Annual Amount: 60000
Tax Book Number: 84550
Tax Year: 2019

Zoning Info


Contact - Listing ID 72972924

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Lili Banani

160 Commonwealth Ave
Boston, MA 02116
Phone: 617-407-0402

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