INNOVATE Real Estate
Business Opportunity at 116 D North St, Salem MA 01970
Business Opportunity at 116 D North St, Salem MA 01970, photo 2 of 9
Business Opportunity at 116 D North St, Salem MA 01970, photo 3 of 9
Business Opportunity at 116 D North St, Salem MA 01970, photo 4 of 9
Business Opportunity at 116 D North St, Salem MA 01970, photo 5 of 9
Business Opportunity at 116 D North St, Salem MA 01970, photo 6 of 9
Business Opportunity at 116 D North St, Salem MA 01970, photo 7 of 9
Business Opportunity at 116 D North St, Salem MA 01970, photo 8 of 9
Business Opportunity at 116 D North St, Salem MA 01970, photo 9 of 9
9 photos

$385,000

116 D North St, Salem MA 01970
Salem, MA 01970
Listed by Peter Castrichini
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2011

About this home

Longtime established (Est: 1963) Essex Vacuum and Cleaning. Brick & Mortar repair/sales business is looking for new owners to continue the tradition! Business is very stable and new owners can expand and grow. Services all Brands, commercial and residential. Business owners will train and provide support as needed. High traffic area. Easy operation, professional layout. Rent $1500 per month, plus utilities. High volume sales with a very expansive and loyal, diverse customer database. This is the real deal (1 Fulltime- 2 Parttime = 3 Employees in Total) Open 6 days a week currently. (Mon-Sat) High Cash flow positive from day one. High Traffic visibility. Great landlord with long term leasing available. Perfect situation for expansion of existing or start a new career with this cleaning/repair business. In store and on road existing business contracts and customers with walk in and future growth opportunity.

Property details

MLS
MLS Property Information Network
MLS #
73407369
Property type
Business Opportunity
Subdivision
N/A
Status
Active
Days on market
461
On market date
July 21, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
25,274 sqft

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Bates
0.58 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
354
Student:teacher ratio
11.1:1
District
Salem
Middle
Collins Middle
0.88 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
633
Student:teacher ratio
11.1:1
District
Salem
High
Salem Prep High School
0.51 mi away · Grades 8-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
17
Student:teacher ratio
4.3:1
District
Salem

Walkability

Blended score for Salem's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

84
Highly walkable
out of 100
EPA National Walkability Index
15.2 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores4
Parks20
Schools11
Transit stops20
Pharmacies1

Market position

How this listing compares to current activity in Salem, from live MLS data.

On the market 461 days -- 356 more days than Salem's current average of 105 days.
For reference, the median list price across 400 active listings in Salem right now is $434,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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$
/mo
Est. monthly payment
$2,469/mo
$77,000 down
$308,000 loan
Principal & interest$1,998
Property tax (est.)$321
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 22, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.