Commercial Sale at 254 No. Broadway Avenue, Salem
1 photo

$350,000

254 No. Broadway Avenue
Salem, NH 03079
Listed by Daniel Mendonca · BHHS Verani Salem
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1987

About this home

Turn-Key Restaurant & Catering Business Opportunity Don’t miss this rare chance to own a fully established restaurant and catering business with a loyal customer base and strong reputation. This is a BUSINESS-ONLY sale – step right in and start earning from day one! The business features a fully equipped commercial kitchen, spacious prep areas, and all the tools needed to run both dine-in and off-site catering operations. Current owners have built a solid following, providing a strong foundation for continued growth. Highlights include: Proven track record with steady revenue and established clientele. Fully equipped kitchen with modern appliances, fixtures, and catering equipment included in the sale. Flexible layout suitable for dine-in service, private functions, and off-premise catering. Experienced staff in place (optional to retain) for a smooth transition Prime location with high visibility and accessibility Strong growth potential for expanding catering services, online orders, and private event. This is an excellent opportunity for an experienced operator, chef, or entrepreneur looking to step into a turn-key, profitable business with immediate income potential. Sale includes business name, fixtures, and equipment. Showings by appointment only. Financials available with signed confidentiality agreement.

Property details

MLS #
5057145
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
359
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
William E. Lancaster School
0.61 mi away · Grades 0-5
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
247
Student:teacher ratio
13.0:1
District
Salem School District
Middle
Woodbury School
1.25 mi away · Grades 6-8
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
791
Student:teacher ratio
13.0:1
District
Salem School District
High
Salem High School
1.51 mi away · Grades 9-13
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
1,166
Student:teacher ratio
11.5:1
District
Salem School District

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).

62
Walkable
out of 100
EPA National Walkability Index
8.5 / 20 -- Below average walkable
Google Places amenity density
92 / 100
Restaurants & cafes20
Grocery stores4
Parks4
Schools8
Transit stops2
Pharmacies1

Market position

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

On the market 359 days -- 288 more days than Salem's current average of 71 days.
For reference, the median list price across 118 active listings in Salem right now is $496,500.

Mortgage calculator

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Est. monthly payment
$2,258/mo
$70,000 down
$280,000 loan
Principal & interest$1,816
Property tax (est.)$292
Home insurance (est.)$150

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Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 07/31/26.