A single-story retail property at 85-95 Salem Street in Boston’s North End has been brought to market with Marcus & Millichap holding the exclusive listing assignment. The property is being marketed by Evan Griffith and Tony Pepdjonovic of Marcus & Millichap on behalf of the seller, who has longstanding ties to the site.
The asset sits on one of the North End’s heavily trafficked corridors and has served as a neighborhood commercial destination for decades. Current ownership previously operated a hardware store on the property, which functioned as a local staple from 1964 until 2016. Following the closure of the hardware store, the building was subdivided into multiple storefronts, creating a multi-tenant retail configuration that remains in place today.
The property totals 10,401 square feet of single-story retail space configured across four units on a 0.19-acre lot. It is fully occupied by a tenant roster that includes Antico Forno, described as a North End institution for roughly 30 years, along with Wild Duck Market, City Smoke Shop and Luxie Nail Spa. All leases are structured on a triple-net basis, which the brokerage team notes results in minimal day-to-day landlord responsibilities for investors.
According to the marketing team, the building benefits from strong visibility along Salem Street and steady foot traffic that draws on multiple demand drivers. These include the North End’s residential base, the large volume of visitors the neighborhood attracts each year, and spillover activity from nearby areas such as Boston’s Financial District. The combination of pedestrian activity and established local retail brands positions the asset as a stabilized, street-level retail investment.
In addition to in-place income, the property carries as-of-right redevelopment potential of up to five stories, based on current zoning parameters cited in the marketing materials. This creates optionality for future owners who may wish to evaluate a higher-density plan while continuing to benefit from the existing fully leased, triple-net retail configuration. The listing underscores both the long operating history of the site within the North End and its ongoing role as a neighborhood-facing retail node.
