500 SALEM ST
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Location
500 SALEM ST
Mblu
49/ / 222/ /
Acct#
77-0250-00
Owner
RHODE ISLAND ECONOMIC DEVLP CORP
Total Assessed Value
$43,794,400
PID
7191
Building Count
2
Current Value
Assessment
Valuation YearTotal
2025$43,794,400

Owner of Record
OwnerRHODE ISLAND ECONOMIC DEVLP CORP
Co-OwnerFIDELITY CORPORATE REAL ESTATE LLP
AddressATTN: FREC FINANCE
200 SEAPORT BLVD Z1L
BOSTON, MA 02210
Sale Price$0
Book & Page 605/298
Sale Date11/08/2007

Ownership History
Ownership History
OwnerSale PriceBook & PageSale Date
RHODE ISLAND ECONOMIC DEVLP CORP$0605/29811/08/2007
RIEDC/FIDELITY INVESTMENTS$0PB6/PG16308/10/2007
RIEDC/FIDELITY INVESTMENTS$0589/19508/10/2007
RIEDC/FIDELITY INVESTMENTS$0589/18408/10/2007
RIEDC/FIDELITY INVESTMENTS$0589/17908/10/2007
RIEDC/FIDELITY INVESTMENTS$0589/16708/10/2007
RIEDC/FIDELITY INVESTMENTS$0559/2103/20/2007
RIEDC/FIDELITY INVESTMENTS$0537/5512/05/2006
RIEDC/FIDELITY INVESTMENTS$0520/11109/13/2006
RIEDC/FIDELITY INVESTMENTS$0199/74805/28/1996

Building Information
Building 1 : Section 1
Year Built: 2000
Living Area: 258,101
Replacement Cost
Less Depreciation:
$30,071,500
Building Attributes
FieldDescription
StyleClass A Office
Model:Commercial
Stories4
Occupancy1.00
Exterior Wall 1Brick/ Stone V
Exterior Wall 2 
Roof StructureFlat
Roof CoverT+G/Rubber
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Ceram Clay Til
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Heat/ACHEAT/AC PKGS
Frame TypeFIREPRF STEEL
Wall Height11.00
AffordableNo
Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 146,718 146,718
BASFirst Floor 73,362 73,362
FRBFin Raised Bsmt 50,694 38,021
FOPPorch, Open, Finished 1,120 0
   271,894 258,101
Building 2 : Section 1
Year Built: 2000
Living Area: 388,560
Replacement Cost
Less Depreciation:
$8,933,900
Building Attributes : Bldg 2 of 2
FieldDescription
StyleParking Garage
Model:Ind/Comm
Stories3
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverT+G/Rubber
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelNone/Coal/Wd
Heating TypeNone
AC TypeNone
Heat/ACNONE
Frame TypeREINF. CONCR
Wall Height9.00
AffordableNo
Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 259,040 259,040
BASFirst Floor 129,520 129,520
   388,560 388,560

Extra Features
Extra Features
CodeDescriptionSizeAssessed Value
ELEVELEVATOR C/I3.00 STOPS$192,900
ELEVELEVATOR C/I4.00 STOPS$235,400
ELEVELEVATOR C/I4.00 STOPS$235,400
ELEVELEVATOR C/I4.00 STOPS$235,400
ELEVELEVATOR C/I4.00 STOPS$235,400
SPR2WET/CONCEALED271894.00 S.F.$1,321,400
LDL1LOAD LEVELERS2.00 UNITS$3,700
LDL1LOAD LEVELERS2.00 UNITS$3,700

Land
Land Use
Use Code3333
DescriptionLG BUS MDL94  
ZonePC
Neighborhood5000
Land Line Valuation
Size (Acres)32.17
Total Assessed Land$2,261,600

Outbuildings
Outbuildings
CodeDescriptionSizeAssessed Value
LT9HGH PRE-SOD PL21.00 UNITS$37,800
PAV1PAVING-ASPHALT20000.00 S.F.$21,000
PAV2PAVING-CONC3000.00 S.F.$5,300
Valuation History
Assessment
Valuation YearTotal
2025$43,794,400
2024$42,531,100
2023$42,531,100
2022$42,531,100
2021$38,597,300
2020$38,597,300
2019$38,597,300
2018$37,161,300
2017$37,161,300
2016$36,304,600
2014$34,850,600
2013$34,850,600
2010$37,302,400
2009$37,302,400
2008$39,823,100
2005$34,103,900
2004$34,103,900
2003$34,103,900
2002$38,724,220
2001$38,724,220

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