Top Options for Leasing and Buying Retail Space in Salem, MA

When you have your budget, goals, and outcomes of your venture, you are all set to determining where you want your business to be situated. One of your best choices in Massachusetts is Salem. The city is in Essex County and is known for its history with witches. Due to its background, the place brings in more than $100 million, thanks to the tourists that visit every year.

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Retail Space

Businesses can certainly benefit from such popularity. If you are searching for a good site for your store in the state, this particular city may be the right option for you. More than 55% of the town is made of water. However, you will still get numerous selections when it comes to retail spaces in this area.

The city is right on the Massachusetts Bay between the harbor that has the same name and Beverly Harbor. Other bodies of water in the area include the Forest River and Strong Water Brook. It also has the Spring Pond and Camp Lion, which are among the places in the community that has conservation land.

It has plenty of neighborhoods, including the downtown area, which is just 15 miles northeast of the capital city Boston. The area is also 16 miles southwest of both Cape Ann and Gloucester. Other towns that border it are Lawrence, Danvers, Beverly, and Peabody.

Getting in and out of the area is not a problem, which can also be useful if you are running a business. The city has railroad lines and a station located on the Rockport/Newburyport Line. Numerous bus routes also pass through the town, and the Beverly Municipal Airport is just nearby. International flights can be made through the Logan International Airport in Boston. The city also has its ferry service.

Property Choices in the Area for Businesses

If you own a business, you want to find out where to look for commercial properties for sale or lease in the city. Many neighborhoods actually have units available, such as in Boston Street. You will see some properties for sale in the area, including waterfront structures. This particular community has varied options for commercial units, and the commuter rail is just five minutes away by foot.

In the downtown area, you will also discover properties at Washington Street, Federal Street, Lafayette Street, and more. Different types are everywhere, including a store inside another store. Commonly, this form is an excellent choice for those that are just starting their retail business. It offers plenty of benefits, including foot traffic and the possibility of gaining loyal clientele. You can even get acquainted with your target demographic.

You can find other stores in the city that compliment your own business. It should also overlap with the lifestyle messages and your target customers. If possible, go to an area where you would like to own your shop one day.

In Highland Avenue, you can find event or gallery sites where you can have your store. It is a proper venue because of the open concept floor, and the setup is quite minimalistic. At the same time, you do not have to be concerned about the ambiance of the place because it is quite inviting. If you are selling women’s fashion or jewelry, this type of property may be beneficial for your business.

The downtown area is one of the top places to look for a site for your business. Many consumer brands go to this part of the city because it provides them with several benefits. Among these advantages are exposure and foot traffic. Some places, especially those that are nearby other big names in the industry, can help your own business gain a stamp of credibility.

List Your Unit

In Salem, business owners have quite a number of options where they can establish their stores. If you are selling or leasing your property, you want other people to become aware of it. Additionally, you should provide them with as many reasons why they should pick your location over the other selections in the city.

We can help you create an enticing advertisement that will have these retailers contacting you or at least asking for more information regarding your unit. If your building is situated in a thriving street, chances are you will quickly get a lot of offers. Whether you are leasing the property or you are searching for a company that may be interested in buying the commercial unit, it will be a more comfortable and faster process if you list the space online.

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Retail Space