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$4,995,000
New Listing

111 Salem Street
Boston, MA 02113

For Sale|Quadruplex|Active
6
Beds
5
Total Baths
3
Full Baths
2
Partial Baths
4,492
SqFt
$1,112
/SqFt
1920
Built
County:
Suffolk

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111 Salem Street111 Salem Street111 Salem Street111 Salem Street
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A rare opportunity to purchase a mixed use property along one of Boston's most storied commercial corridors, 111 Salem Street is ideally situated just one block from iconic Hanover Street in the heart of the North End. Offering approximately 4,500 square feet of commercial and residential space, the property combines established restaurant infrastructure, income potential, and long term flexibility. The commercial component spans three levels, including a street level restaurant, an extensively refurbished permitted lower level food preparation kitchen, and an additional level with private office and storage space. Features include walk in refrigeration, upgraded electrical systems, a service elevator with pallet lift connecting the commercial levels, and a dedicated rear roll up delivery entrance. Expansive signage extending along both sides of the building and projecting over the sidewalk provides prominent visibility along this highly trafficked North End corridor. Recent improvements include brick replacement and repointing at the front and rear, new gutters and drain pipes, and fire escape certification dated September 1, 2026. The restaurant is currently occupied by an established, long term tenant under a triple net (NNN) lease through December 2027. Above, 3 vacant two bedroom, one bathroom apartments, each equipped with air conditioning, offer immediate leasing flexibility, with potential for renovation, reconfiguration, or expansion to create larger residences, subject to applicable approvals. Existing roof access presents the potential for a future roof deck, subject to feasibility and necessary approvals. Whether envisioned as a future restaurant or hospitality destination, a 1031 exchange acquisition, or a long term mixed-use investment, 111 Salem Street offers a compelling combination of location, infrastructure, and versatility in one of Boston's most established neighborhoods.

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Listing Snapshot
Price 
$4,995,000
Days On Site 
0 Days
Bedrooms 
6
Inside Area (SqFt) 
4,492 sqft
Total Baths 
5
Full Baths 
3
Partial Baths 
2
Lot Size 
0.03 Acres
Year Built 
1920
MLS Number 
73593367
Status 
Active
Property Tax 
$20,395.7
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing updated with changes from the MLS
8 hours agoListing first seen on site
General Features
Acres 
0.03
Disclosures 
Measurements are approximate; buyer & buyer agent do due diligence. Broker & seller make no representation as to the status of any commercial tenants at the property. The nature of the current commercial business is provided solely for descriptive purposes in the marketing of the building itself.
Foundation 
Concrete PerimeterStoneBrick/Mortar
Number Of Stories 
6
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
SqFt Above 
3378
SqFt Below 
1114
SqFt Total 
4492
Water Source 
Public
Zoning 
RC
Interior Features
Appliances 
RangeDishwasherRefrigerator
Cooling 
Central Air
Flooring 
TileHardwood
Heating 
Forced Air
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Exterior Features
Construction Details 
Brick
Roof 
Rubber
View 
City
Waterview 
City
Community Features
MLS Area 
North End
Listing courtesy of Cormier Collective Team of Serhant



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Last checked 2026-10-21 11:04 PM UTC

Neighborhood & Commute
Source: Walkscore
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