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ActiveListed 14 days ago

$4,995,000

111 Salem Street, North End, Boston, MA 02113

6
beds
4
baths
4,492
sqft
Lot sizeThe land that comes with the home, as reported to the MLS.
1,300 sqft
Year builtThe year the building was originally built, as reported by the listing agent.
1920
On the marketDays since the home was listed. New listings tend to move fastest.
14 days ago
Property type
4 Family - 4 Units Up/Down
Price per sqftList price divided by interior living area — handy for comparing homes of different sizes.
$1,112
ParkingSpaces that come with the home, as reported to the MLS.
0 spaces
Annual taxesLast annual property tax bill reported to the MLS. A new owner's bill can differ.
$20,396

What’s Special

  • Central Air

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.

Listing courtesy of Cormier Collective Team, Serhant · MLS PIN #73593367

Facts & Features

Status
Active
Active status flag
Active
Bedrooms
6
Bathrooms
3 full, 2 half
Living area
4,492 sqft

Interior

2
  • Living Room
  • Kitchen

Heating

1
  • Forced Air

Cooling

1
  • Central Air

Appliances

3
  • Range
  • Dishwasher
  • Refrigerator

MLS PIN #73593367 · Listed October 21, 2026

Location

111 Salem Street, North End, Boston · All North End homes

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.

Call (978) 809-1685
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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.