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$1,899,000 -$391,000 (-17.07%) Price Reduced

  • For Sale
  • Active
  • Commercial
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PRICE ADJUSTMENT! Rare chance to acquire a prominent 6,442 SF mixed-use commercial building in the heart of downtown Salem. This three-story property features a well-established first-floor restaurant and residential apartments on the second and third floors, providing diversified income and a strong, consistent rental history. Set on a historically significant site tied to Salem's colonial and Revolutionary-era past, the property is marked by a plaque commemorating The London Coffee House, a notable gathering place dating to 1698. Its highly visible, walkable downtown location offers easy access to Salem's shops, restaurants, cultural attractions, and year-round tourism. With long-term tenants, stable occupancy, and value-add potential, this building represents an attractive investment opportunity.

Full Property Details for 13 Central St

General

  • Price: $1,899,000
  • Taxes: $19,464 (2025)
  • Status: Active
  • Type: Commercial
  • Source: MLSPin
  • MLS ID: 73540070
  • Updated: 8/23/2026
  • Added to Site: 62 day(s) ago

Location

  • County: Essex
  • Driving Directions: Off Lafayette, Charter or Front Street.

Utilities

  • Utility Description: Public Water, Private Sewer, Natural Gas Available

Structural Information

  • Square Feet: 6,442
  • Year Built: 1868

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Dimensions: .09
  • Zoning: Other (See Remarks)

Financial Considerations

  • Tax Amount: $19,464
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Only the Real Estate is for sale. For additional information, please sign the attached NDA. Please do not disturb tenants - all showings must be accompanied by the listing agent.
  • Property ID: 4078569
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 13 Central St —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 13 Central St

School District:Salem School District, Salem, MA
NameGradesDistance
Saltonstall School
211 Lafayette Street, Salem, MA 01970
K-80.5 mi
Carlton Elementary School
10 Skerry Street, Salem, MA 01970
K-50.8 mi
Bates Elementary School, Salem, MA
53 Liberty Hill Avenue, Salem, MA 01970
K-51.1 mi
Collins Middle School
29 Highland Avenue, Salem, MA 01970
6-80.8 mi
Salem Prep High School
2 Museum Place Mall, Salem, MA 01970
9-120.1 mi
Salem High School, Salem, MA
77 Willson Street, Salem, MA 01970
9-121.4 mi
Horace Mann Laboratory
79 Willson Street, Salem, MA 01970
K-51.3 mi
Witchcraft Heights Elementary School
1 Frederick Street, Salem, MA 01970
K-51.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 13 Central St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/23/2026
Price Reduced
$1,899,000
-17.07%
MLS
6/23/2026
Listed
$2,290,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 13 Central St

Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$1,073,600
13%
2024
100%
$951,900
6%
2023
100%
$899,300
4%
2023
100%
$860,800
2%
2022
100%
$841,600
7%
2020
100%
$788,400
4%
2019
100%
$757,600
14%
2018
100%
$663,300
4%
2017
100%
$637,400
—
2016
100%
$637,400
7%
2015
100%
$594,400
12%
2014
—
$530,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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13 Central Street, Salem, MA 01970 (MLS# 73540070) is a Commercial property. 13 Central Street is currently listed for $1,899,000 and was received on June 23, 2026. This property is listed by Stephen Velonis from our Lynnfield Office.Want to learn more about 13 Central Street? Do you have questions about finding other Commercial real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

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