$1,650,000
About this home
Welcome to the historic area of Salem, where tradition meets modern convenience. Nestled within the vibrant streets is a remarkable mixed-use building, offering a restaurant on the first floor, while the second and third floors house two residential units with spacious living spaces, thoughtfully designed with modern finishes and a touch of historic charm. Your dream of restaurant ownership awaits you with a spacious dining area, adorned with stylish decor and lots of natural light. With a seating capacity of approximately 90, this restaurant creates an ideal space for patrons to enjoy a casual time at the bar, dining in the main area or outdoor seating on the patio.The location is in an area where tourists can explore the rich history and vibrant energy of Salem, with its captivating landmarks and cultural attractions just moments away, but also is well attended by the locals in the area.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
- Real estate (PITI + HOA + PMI)
- $10,974
- Utilities
- $565
- Transportation
- $129
- Other (entertainment)
- $157
Quick facts
Neighborhood — 01970
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 39,210 | 6,444,931 | 299,088,112 |
| Population Change Since1990 | 12.00% | 7.00% | 20.00% |
| Population Density | 4,803 | 786 | — |
| Male | 18,294 | 3,127,134 | 147,432,321 |
| Female | 20,916 | 3,317,797 | 151,655,844 |
| Never Married | 11,766 | 1,612,885 | 63,775,926 |
| Married | 13,426 | 2,586,314 | 123,120,365 |
| Separated | 1,771 | 247,857 | 12,639,686 |
| Widowed | 2,455 | 363,594 | 15,467,586 |
| Divorced | 3,344 | 436,888 | 23,075,029 |
| Number Of House Hold | 17,112 | 2,431,591 | 111,826,380 |
| Average House Hold Size | 2.23 | 2.56 | 2.60 |
| Medial Age | 36.04 | 37.25 | 35.46 |
| Median House Hold Income | $50,078 | $57,698 | $48,276 |
| Average House Hold Income | $61,376 | $75,023 | $63,629 |
| P C I | $28,089 | $29,196 | $24,529 |
| M D I | $42,238 | $48,105 | $41,133 |
| A T H E | $50,149 | $57,083 | $50,898 |
| S T R | 5.00% | 5.00% | — |
| W C J | 83.24% | 81.38% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →
Listing information last refreshed 5/26/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.