Development opportunity on .52 acre lot near downtown Salem on route 1A/114 near Salem State University. Approved plans for 10-unit condominium complex over two buildings (5 and 5). Rear building is gutted and ready to be built out. Front building would need to be constructed. All plans, approvals, etc available upon request.
Sold for $1,375,000 on 09/05/25
$1,375,000
275 Lafayette St, Salem, MA 01970
--beds
0baths
0.52Acres
Residential
Built in ----
0.52 Acres Lot
$-- Zestimate®
$--/sqft
$3,195 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 08, 2025 at 09:45am
Listed by:
Merry Fox Team,
MerryFox Realty,
Daniel Fox
Bought with:
Merry Fox Team
MerryFox Realty
Source: MLS PIN,MLS#: 73324811
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has basement: No
Property
Lot
- Size: 0.52 Acres
- Features: Gentle Sloping
Details
- Parcel number: 3304380,2135031
- Zoning: HIST
Utilities & green energy
- Electric: On-Site
- Gas: On-Site
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Bike Path, Public School, University
Location
- Region: Salem