NE Provenance

203-209 Essex St

Salem, MA 01970

Commercial
Owner
Hot...
Owner Type
LLC
Tenure
10 yrs
Assessed
$5,074,700
Built
1900
Sq Ft
27,900
Lot
—
Bed/Bath
44/50
Type
Commercial
Elevated Risks20ConditionC1Fire GradeAPermits29Last PermitFeb 2024FloodXSurgeCat 4

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203-209 Essex St, Salem, MA 01970— Property Report

Building& Property Details

203-209 Essex St is a Commercial (General) commercial built in 1900 located in Salem, Essex County, MA. The building has 27,900 square feet of building area. The building has 44 bedrooms, 50 bathrooms across 3 stories.

Flood Zone & Natural Hazard Assessment

203-209 Essex St is in FEMA flood zone X. Zone X is outside the Special Flood Hazard Area, meaning the property has minimal flood risk according to FEMA mapping. The property falls within a Category 4 hurricane storm surge inundation zone based on NOAA SLOSH modeling. The FEMA National Risk Index composite rating for this area is Relatively Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 50 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 203-209 Essex St at Grade A (Excellent fire protection access). The nearest fire station, SALEM FIRE DEPARTMENT, is 0.1 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

Municipal records show 29 building permits on file for 203-209 Essex St. The most recent permit was filed February 29, 2024. In the past five years, 3 permits have been issued. The current municipal assessment is $5,074,700, with $268,400 attributed to land and $4,806,300 to improvements. The property last sold on December 17, 2015 for $2,200,000. The deed history includes 3 recorded conveyances.

Environmental & Land Use

The property is located within a designated historic district.

SalemNeighborhood & Community

203-209 Essex St is located in Salem, Essex County, MA. The property is zoned B5 (Central Development). The median home value in this census tract is $488,100. Median household income is $83,897. The owner-occupancy rate in the surrounding area is 25%. The property is served by the Salem school district.

Full Property Intelligence Report

The complete NE Provenance report for 203-209 Essex St, Salem, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.