INNOVATE Real Estate
Commercial Sale at 101 Loring Avenue, Salem MA 01970, Salem
Commercial Sale at 101 Loring Avenue, Salem MA 01970, Salem, photo 2 of 14
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14 photos

$525,000

101 Loring Avenue, Salem MA 01970
Salem, MA 01970
Listed by Herman Davis
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2003

About this home

Single Standing Commercial Building For Sale, Just Minutes From Salem State University, Downtown Salem, And Other Surrounding Businesses On High Traffic Street; Current Business Tenant Is A Pizza/Sub Shop Establishment, That Is Also For Sale. Rear Parking That Offers Up To 6 Or More Car Parking, Basement Has Storage And Another Bath Room.

Property details

MLS #
73485762
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
210
On market date
March 12, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.11 acres

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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Horace Mann Laboratory
0.87 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
293
Student:teacher ratio
10.9:1
District
Salem
Middle
Collins Middle
1.15 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 High
0.92 mi away · Grades 9-12
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
803
Student:teacher ratio
8.2:1
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).

79
Walkable
out of 100
EPA National Walkability Index
15.0 / 20 -- Above average walkable
Google Places amenity density
85 / 100
Restaurants & cafes20
Grocery stores1
Parks12
Schools11
Transit stops20
Pharmacies3

Market position

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

On the market 210 days -- 115 more 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.

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Est. monthly payment
$3,312/mo
$105,000 down
$420,000 loan
Principal & interest$2,724
Property tax (est.)$438
Home insurance (est.)$150

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