Main Street 401, LLC Acquires Retail Property In Salem, NH For $4.3M

The retail property located at 401 Main Street in Salem, NH was recently sold for a total price of $4,300,000. The transaction took place on February 8, 2021. The property spans across 29,264 square feet, resulting in a price per square foot of $147. The seller of the property was NNM Realty Trust, and the buyer was Main Street 401, LLC, represented by Kim Abare.

Summary of transaction details:

• Property Type: Retail
• Sale Price: $4,300,000
• Square Footage: 29,264
• Price per Square Foot: $147
• Transaction Date: February 8, 2021
• Address: 401 Main Street, Salem, NH
• Market: Salem, NH

Taylor Saulnier and Jeremy Cyrier, representing Mansard Commercial Real Estate Advisor, acted as the brokers in this transaction. They assisted both the seller, NNM Realty Trust, and the buyer, Main Street 401, LLC, during the sale process.