Prime Development Opportunity on Route 1High-Visibility | Transformational Zoning | 1.5 Acres of PossibilityAttention visionary developers, investors, and builders—welcome to one of the most strategic and high-exposure parcels on the North Shore. Located directly on bustling Route 1 in Salisbury, Massachusetts, this 1.5-acre property offers a rare opportunity to shape the future of a town undergoing a powerful transformation from coastline to town center. Positioned in a rapidly revitalizing corridor, this site offers flexible redevelopment potential ideal for: Class-A office space or professional medical suites, Senior living or assisted living residences, High-demand multi-family, duplex, or condominium units. This is your chance to create a landmark destination in one of the North Shore’s most talked-about coastal towns. The momentum is here—bring your vision to life.
For sale
$749,000
55 Lafayette Rd, Salisbury, MA 01952
4beds
2,728sqft
Est.:
Single Family Residence
Built in 1967
1.48 Acres Lot
$743,400 Zestimate®
$275/sqft
$-- HOA
What's special
Class-a office spaceProfessional medical suites
- 3 days
- on Zillow |
- 403 |
- 2 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 12:33am
Listed by:
Nicole Johnson,
eXp Realty
Source: MLS PIN,MLS#: 73363657
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Other
Features
- Basement: Partial
- Number of fireplaces: 1
Interior area
- Total structure area: 2,728
- Total interior livable area: 2,728 sqft
- Finished area above ground: 2,728
- Finished area below ground: 2,000
Property
Parking
- Total spaces: 10
- Parking features: Oversized
- Has garage: Yes
Features
- Patio & porch: Deck
- Exterior features: Deck, Balcony
- Waterfront features: Beach Front, Ocean, Direct Access, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Lot
- Size: 1.48 Acres
- Features: Wooded, Level
Details
- Parcel number: M:17 P: 59,2145675
- Zoning: LM-D
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Stone
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Medical Facility
HOA
- Has HOA: No
Location
- Region: Salisbury
Financial & listing details
- Price per square foot: $275/sqft
- Tax assessed value: $446,500
- Annual tax amount: $4,501
- Date on market: 4/23/2025
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