Commercial Leases for Rent: 296 Highland Avenue, Salem, MA 01950

$20,000
$20,000 / mo
296 Highland Avenue, Salem, MA 01950
$20,000
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Price:
$20,000 / mo

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Type Commercial Leases
Lot Size 12.25 acres
Year Built 1950
City Salem
County Essex
MLS 5100264
Status Active
DOM 90 days
Outstanding visibility on busy Highland Avenue. The property is approved for AUTO BODY USE — a highly sought-after and difficult to obtain approval and is ideal for auto sales, service, repair, or collision operations. This retail parcel features a 4,488 SF automotive facility equipped with 6 service bays, 4 lifts, showroom space, manager’s office, title office, parts and stock rooms, customer waiting area, break room, ADA-compliant restroom, and security system. Strategically located alongside major national retailers and traffic generators including Walmart, Target, The Home Depot, Planet Fitness, McDonald's, and Burger King. A signalized intersection stops traffic directly in front of the property, enhancing visibility, accessibility, and overall traffic flow, with more than 35,000 vehicles passing the site per day. This lease for the automotive facility is $15,000 per month modified gross. The residential home (288 Highland Ave) is also available for lease for a total of $20,000 per month. Both of these parcels are also available for sale.

Lot & Building Features

Utilities Telephone at Site
Construction Steel Frame
Sewer Public
Water Public
Foundation Concrete
Lot Description Major Road Frontage, Near Shopping
Roof Flat, Membrane

Price History of 296 Highland Avenue, Salem, MA

Date Name Price Difference
07/16/2026 Listing Price $20,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 296 Highland Avenue, Salem, MA

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Inquire About This Property

Photo of Amy Houston
Direct: 603-944-1456
Office
PO Box 103
Epping, NH 03042
603-944-1456
Listed by Keller Williams Realty Metro-Londonderry, Paula Martin Group & Doug Martin 603-232-8282
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296 Highland Avenue (MLS #5100264) is a commercial leases listing located in Salem, MA. This commercial leases listing is on a lot of 533,610 sqft (or 12.25 acres) and is 76 years old. This property was listed on 07/16/2026 and has been priced for sale at $20,000.

Nearby zip codes are 01970.

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Listing information courtesy of: Keller Williams Realty Metro-Londonderry

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/14/2026