7 Franklin St, Salem, MA 01970 - Photo 1

1/1

$2,600

Sold
Closed
Commercial Lease

1/1

Property Description

One drive in garage bay plus modern second floor office spaces. On site parking. This property is located in an active redevelopment area of North Salem just off Rte 114. Central air conditioning for offices. Gas Modine heaters in garage bay. This is very good multi-purpose space not too far from the Salem/Peabody line. Concrete block and steel construction. Rent is net of utilities.

Full Property Details

Full Property Details for 7 Franklin St

General

Sold For: $2,600
Taxes: $23,611 (2025)
Status: Closed
Type: Commercial Lease
MLS ID: 73433568
Added to Site: 163 day(s) ago

Location

County: Essex

Structural Information

Square Feet: 2,000
Year Built: 1996

Lot Features

Lot Size (Acres): 0.39

Financial Considerations

Tax Amount: $23,611
Tax Year: 2025

Disclosures and Reports

Property ID: M:26 L:0374, 2132507

Listed by The Drumlin Group Inc., David Hark and Mark Shapiro
Sold by The Drumlin Group Inc., David Hark

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Listing agents

— 7 Franklin St —

David Hark

The Drumlin Group Inc.
Mark Shapiro

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Schools

Schools serving 7 Franklin St

School District:Salem School District, Salem, MA

Name	Grades	Distance
Bates Elementary School, Salem, MA 53 Liberty Hill Avenue, Salem, MA 01970	K-5	0.6 mi
Carlton Elementary School 10 Skerry Street, Salem, MA 01970	K-5	0.6 mi
Saltonstall School 211 Lafayette Street, Salem, MA 01970	K-8	1 mi
Collins Middle School 29 Highland Avenue, Salem, MA 01970	6-8	0.9 mi
Salem High School, Salem, MA 77 Willson Street, Salem, MA 01970	9-12	1.5 mi
Witchcraft Heights Elementary School 1 Frederick Street, Salem, MA 01970	K-5	1.3 mi
Horace Mann Laboratory 79 Willson Street, Salem, MA 01970	K-5	1.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7 Franklin St

Date

Details

Price

Change

Source

12/19/2025

Sold

$2,600

—

MLS

11/17/2025

Price Reduced

$2,600

-5.45%

MLS

9/20/2025

Listed

$2,750

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2
Beds
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Total Bath
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Just Listed

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Just Listed

$22

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Price Reduced

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Single Family
Active
Updated 17 hours ago

3
Beds
2
Total Baths
1,322
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Price Reduced

-$25,000 (-5.26%)

$450,000

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Condo
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Updated 2 days ago

2
Beds
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Price Reduced

-$55,000 (-5%)

$1,045,000

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Single Family
Active
Updated 3 hours ago

4
Beds
2
Total Baths
2,050
Sq. Ft.

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Price Reduced

-$225 (-19.65%)

$920

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Commercial Lease
Active

Sold

$2,400

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Apartment
Closed

2
Beds
1
Total Bath
900
Sq. Ft.

10-12 Lynde St, Salem, MA 01970 - Photo 1

Sold

$2,500

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Apartment
Closed

1
Bed
1
Total Bath
650
Sq. Ft.

Sold

$2,850

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Apartment
Closed

2
Beds
1
Total Bath
1,215
Sq. Ft.

Sold

$2,700

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Apartment
Closed

2
Beds
2
Total Baths
1,000
Sq. Ft.

7 Franklin St, Salem, MA 01970 (MLS# 73433568) is a Commercial Lease property that was sold at $2,600 on December 19, 2025. Want to learn more about 7 Franklin St? Do you have questions about finding other Commercial Lease real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

7 Franklin St Salem, MA 01970