Commercial Sale at 47 Federal Street, Salem MA 01970, Salem
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 2 of 21
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 3 of 21
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 4 of 21
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 5 of 21
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 6 of 21
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 7 of 21
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 8 of 21
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 9 of 21
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 10 of 21
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 11 of 21
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 12 of 21
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 13 of 21
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 14 of 21
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 15 of 21
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 16 of 21
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 17 of 21
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 18 of 21
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 19 of 21
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 20 of 21
Commercial Sale at 47 Federal Street, Salem MA 01970, Salem, photo 21 of 21
21 photos

$549,900

47 Federal Street, Salem MA 01970
Salem, MA 01970
Listed by George Fallon
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2008

About this home

Well located 1787 Gambrel office building directly across from courthouse , 1 block to train and parking garage. Currently used as Attorney At Law Office. Huge plus is the off street parking allowing for 2-4 car tandem parking. There are 4 -6 offices, reception area and conference room and law library, 2 half baths and 2 small kitchen areas. The building also has central air and is within moments to banks, restaurants. Very high "in and out" index. Motivated seller!

Property details

MLS #
73587341
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
2
On market date
October 6, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.04 acres
Loading map…

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
Carlton
0.71 mi away · Grades 0-5
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
236
Student:teacher ratio
10.7:1
District
Salem
Middle
Collins Middle
0.71 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
0.21 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

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).

93
Highly walkable
out of 100
EPA National Walkability Index
17.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores15
Parks20
Schools20
Transit stops20
Pharmacies6

Market position

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

On the market 2 days -- 93 fewer days than Salem's current average of 95 days.
For reference, the median list price across 392 active listings in Salem right now is $407,500.

Mortgage calculator

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

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$3,462/mo
$109,980 down
$439,920 loan
Principal & interest$2,853
Property tax (est.)$458
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 days ago.

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.