524 S BROADWAY
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Location
524 S BROADWAY
Mblu
151/ / 52/ /
Acct#
Owner
SOUTH BROADWAY SALEM, LLC
Total Market Value
$4,034,200
Appraisal
$4,034,200
PID
11667
Building Count
2
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$1,660,900$2,373,300$4,034,200
Assessment
Valuation YearImprovementsLandTotal
2025$1,660,900$2,373,300$4,034,200

Owner of Record
OwnerSOUTH BROADWAY SALEM, LLC
Co-Owner
Address1662 ELM ST
MANCHESTER, NH 03101
Sale Price$5,500,000
Certificate
Book & Page 6676/1979
Sale Date01/05/2026
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SOUTH BROADWAY SALEM, LLC$5,500,000 6676/19790001/05/2026
524 S BROADWAY LLC$2,850,000 3878/10341G10/04/2002
STARWOOD CERUZZI SALEM LLC$2,596,000 3245/1886 10/13/1997
SALEM-NH ASSOCIATES LIMITED PARTNERSHIP$1,065,000 3085/2070UNKQ12/30/1994
ANDOVER BANK$0 3029/2128 12/29/1993

Building Information
Building 1 : Section 1
Year Built: 1998
Living Area: 3,875
Replacement Cost: $527,229
Replacement Cost
Less Depreciation:
$369,100
Building Attributes
FieldDescription
Style:Restaurant
ModelComm/Ind
GradeAverage +10
Stories:1
Occupancy1.00
Exterior Wall 1Pre-cast Concr
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Quarry Tile
Interior Floor 2Carpet
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeNone
Bldg UseREST/CLUBS MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3260
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height16.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 3,875 3,875
SLBSlab 3,875 0
   7,750 3,875
Building 2 : Section 1
Year Built: 1998
Living Area: 22,200
Replacement Cost: $1,690,517
Replacement Cost
Less Depreciation:
$1,115,700
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Store
ModelComm/Ind
GradeAverage +10
Stories:1
Occupancy2.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseSTORE/SHOP MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:322I
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & MIN WL
Rooms/PrtnsAVERAGE
Wall Height22.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 22,200 22,200
CANCanopy 360 0
SLBSlab 22,200 0
USTUtility, Storage, Unfinished 144 0
   44,904 22,200

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
SPR1SPRINKLERS-WET22344.00 S.F.$14,7002
SPR1SPRINKLERS-WET3875.00 S.F.$2,7001

Land
Land Use
Use Code3260
DescriptionREST/CLUBS MDL-94  
ZoneCIC
Neighborhood700
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)3.83
Frontage0
Depth0
Total Market Land$2,373,300
Appraised Value$2,373,300

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
PAV1PAVING-ASPHALT  100000.00 S.F.$150,0001
LT1LIGHTS-IN W/PL  8.00 UNITS$4,8001
LT2W/DOUBLE LIGHT  4.00 UNITS$3,9001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$1,660,900$2,373,300$4,034,200
2024$1,660,900$2,373,300$4,034,200
2023$1,660,900$2,373,300$4,034,200

Assessment
Valuation YearImprovementsLandTotal
2025$1,660,900$2,373,300$4,034,200
2024$1,660,900$2,373,300$4,034,200
2023$1,660,900$2,373,300$4,034,200

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