INNOVATE
Real Estate
No photos available for this listing

$1,800,000

57-RR Grove St, Salem MA 01970
Salem, MA 01970
Listed by Robinson Mendez
Bedrooms
N/A
Bathrooms
N/A
Living area
4,784 sqft
Year built
1950

About this home

Rare opportunity to acquire a fully operational heavy civil construction company along with its commercial building and two NRCC-zoned parcels in Salem, MA. The offering includes a 4,784 sq ft commercial building featuring 50-foot-deep bays, five bay doors, and 12-foot ceiling height, situated on a 19,378 sqft main parcel plus an additional 4,996 sq ft lot—ideal for equipment storage, vehicle parking, and future expansion. The sale includes K&B Excavating, a division of Brennan Construction, Inc., a respected heavy civil site-work contractor with over 40 years of continuous operation specializing in excavation, demolition, utility installation, roadwork, building pad preparation, and snow and ice management for public and private sector clients. Known for safe work practices, high-quality project delivery, and consistent schedule and cost efficiency, this turnkey package delivers real estate, business, equipment, and long-standing client relationships in one comprehensive acquisition.

Property details

MLS #
73548011
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
41
On market date
July 10, 2026
Stories
N/A
Garage spaces
N/A
Lot size
0.56 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Thomas Carroll
0.7 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
553
Student:teacher ratio
15.8:1
District
Peabody
Middle
Collins Middle
0.68 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
New Liberty Innovation School
0.91 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
54
Student:teacher ratio
13.5:1
District
Salem

Mortgage calculator

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Est. monthly payment
$10,990/mo
$360,000 down
$1,440,000 loan
Principal & interest$9,340
Property tax (est.)$1,500
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 14, 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.