Hello world!

111 Salem Street
Boston, MA, 02113
$4,995,000
6 Beds
4 Baths
4,492 SqFt
0.03 Acres
Add
MLS #73593367 image #0
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.

Property Details

Price:
$4,995,000
MLS #:
73593367
Status:
Active
Beds:
6
Baths:
4
Type:
Multi Family
Subtype:
4 Family – 4 Units Up/Down
Neighborhood:
northend
Listed Date:
Oct 21, 2026
Finished Sq Ft:
4,492
Total Sq Ft:
4,492
Lot Size:
1,300 sqft / 0.03 acres (approx)
Year Built:
1920
Units:
4
North EndNorthendCity View(s)

Ask a Question

See this Listing

Send
  

Schools

Interior

Above Grade Finished Area
3378
Appliances
Range, Dishwasher, Refrigerator
Bathrooms
3 Full Bathrooms, 2 Half Bathrooms
Below Grade Finished Area
1114
Cooling
Central Air
Flooring
Tile, Hardwood
Heating
Forced Air
Interior Features
Living Room, Kitchen
Levels
6

Exterior

Community Features
Public Transportation, Shopping, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, T-Station
Construction Materials
Brick
Roof
Rubber
Stories
6
View
City View(s)

Financial

Tax Year
2026
Taxes
$20,396

Map

Community

Market Summary

Current real estate data for Multi Family in Boston as of Oct 24, 2026
433
Multi Family Listed
127
Avg DOM
477
Avg $ / SqFt
$2,069,872
Avg List Price

Property Summary

    111 Salem Street Boston MA is a Multi Family for sale in Boston, MA, 02113. It is listed for $4,995,000 To schedule a showing of MLS#73593367 at 111 Salem Street in Boston, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

Similar Listings Nearby

broker reciprocity
MLS# 73591915broker reciprocity
44-44A Joy Street
Boston, MA

$6,400,000

0.6 miles away

broker reciprocity
MLS# 73590232broker reciprocity
177 Hancock St
Cambridge, MA

$6,375,000

2.6 miles away

broker reciprocity
MLS# 73475133broker reciprocity
1002 Beacon St
Brookline, MA

$5,990,000

2.9 miles away

broker reciprocity
MLS# 73576603broker reciprocity
99 + 101 W. Springfield St
Boston, MA

$5,950,000

2.1 miles away

broker reciprocity
MLS# 73580492broker reciprocity
18 Follen Street
Boston, MA

$5,825,000

1.8 miles away

broker reciprocity
MLS# 73579555broker reciprocity
1-4 Schrepel Place
Boston, MA

$5,750,000

2.1 miles away

broker reciprocity
MLS# 73579475broker reciprocity
76-78 Perkins Street
Somerville, MA

$5,500,000

1.9 miles away

broker reciprocity
MLS# 73534622broker reciprocity
97-103 University Rd
Brookline, MA

$5,500,000

4.3 miles away

broker reciprocity
MLS# 73466301broker reciprocity
142 Pleasant Street
Boston, MA

$5,500,000

3.7 miles away

broker reciprocity
MLS# 73574354broker reciprocity
374-374A Centre St
Boston, MA

$5,200,000

4.0 miles away

111 Salem Street
Boston, MA

Compare listings

Compare