316 NORTH MAIN STREET
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Location
316 NORTH MAIN STREET
Mblu
F5/ 3836/ 316/ /
Parcel ID
3836 2 316 0001
Owner
BISHOPS CORNER REALTY LLC
Total Market Value
$16,803,920
Appraisal
$24,005,600
Vision Id #
20513
Building Count
3
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$11,918,300$12,087,300$24,005,600
Assessment
Valuation YearImprovementsLandTotal
2025$8,342,810$8,461,110$16,803,920

Owner of Record
OwnerBISHOPS CORNER REALTY LLC
Co-Owner
Address600 LORING AVENUE
SALEM, MA 01970
Sale Price$0
Book & Page 3736/0035
Sale Date05/25/2005
Instrument03

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
BISHOPS CORNER REALTY LLC$03736/00350305/25/2005
LORING REALTY ADVISORS VII LLC$5,825,0002821/0002Q01/04/2002
BISHOPS CORNER ASSOCIATES LTD PARTNERSH$11359/0077U10/11/1988
KONOVER-NEW HAVEN LIMITED$01354/0158U09/23/1988
BCE ASSOCIATES$01354/0152U09/23/1988

Building Information
Building 1 : Section 1
Year Built: 1959
Living Area: 14,660
Replacement Cost: $3,649,892
Building Percent Good: 59
Replacement Cost
Less Depreciation:
$2,153,400
Building Attributes
FieldDescription
Style:Neighborhood ShopCtr
ModelComm/Ind
GradeB 1.00
Stories:1
Occupancy 
Exterior Wall 1Concrete Block
Exterior Wall 2 
Roof StructureFlat
Roof CoverBuilt Up
Interior Wall 1Typical
Interior Wall 2 
Floor TypeConcrete Slab
Floor CoverNone
Heating FuelTypical
Heating TypeSpace Heater
AC TypeNone
As Built UseNSC
Bldg UseCommercial
Num of Bedrooms 
Total Baths 
Type 
Wet Sprinkler100
Dry Sprinkler 
1st Floor Use: 
ClassClass C
Frame TypeSteel - Firepr
PlumbingLIGHT
CeilingNot Applicable
Group1COM
Wall Height12.00
Adjustment 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
NSCNBHD SHOP CTR 14,660 14,660
CBMBSMT COMM - NV 14,660 0
COMCOMMERCIAL - NV 14,660 0
MUSMULTI USE STORAGE 14,070 0
   58,050 14,660
Building 2 : Section 1
Year Built: 1963
Living Area: 10,800
Replacement Cost: $3,525,152
Building Percent Good: 60
Replacement Cost
Less Depreciation:
$2,115,100
Building Attributes : Bldg 2 of 3
FieldDescription
Style:Neighborhood ShopCtr
ModelComm/Ind
GradeB 1.00
Stories:1
Occupancy 
Exterior Wall 1Concrete Block
Exterior Wall 2 
Roof StructureFlat
Roof CoverBuilt Up
Interior Wall 1Typical
Interior Wall 2 
Floor TypeConcrete Slab
Floor CoverNone
Heating FuelTypical
Heating TypeNone
AC TypeNone
As Built UseNSC
Bldg UseCommercial
Num of Bedrooms 
Total Baths 
Type 
Wet Sprinkler100
Dry Sprinkler 
1st Floor Use: 
ClassClass C
Frame TypeSteel - Firepr
PlumbingLIGHT
CeilingNot Applicable
Group1COM
Wall Height15.00
Adjustment 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
RSTRESTAURANT 10,800 10,800
CBMBSMT COMM - NV 10,800 0
COMCOMMERCIAL - NV 10,800 0
MUSMULTI USE STORAGE 10,800 0
   43,200 10,800
Building 3 : Section 1
Year Built: 1967
Living Area: 53,213
Replacement Cost: $11,037,619
Building Percent Good: 62
Replacement Cost
Less Depreciation:
$6,843,300
Building Attributes : Bldg 3 of 3
FieldDescription
Style:Neighborhood ShopCtr
ModelComm/Ind
GradeB 1.00
Stories:1
Occupancy 
Exterior Wall 1Concrete Block
Exterior Wall 2 
Roof StructureFlat
Roof CoverBuilt Up
Interior Wall 1Typical
Interior Wall 2 
Floor TypeConcrete Slab
Floor CoverNone
Heating FuelTypical
Heating TypeSpace Heater
AC TypeNone
As Built UseNSC
Bldg UseCommercial
Num of Bedrooms 
Total Baths 
Type 
Wet Sprinkler 
Dry Sprinkler 
1st Floor Use: 
ClassClass C
Frame TypeSteel - Firepr
PlumbingLIGHT
CeilingNot Applicable
Group1COM
Wall Height12.00
Adjustment 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
NSCNBHD SHOP CTR 53,213 53,213
COMCOMMERCIAL - NV 34,992 0
MUSMULTI USE STORAGE 16,771 0
   104,976 53,213

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code201
DescriptionCommercial  
ZoneSD
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)8.87
Frontage
Depth
Total Market Land$8,461,110
Appraised Value$12,087,300

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
CCP6Canopy-roof & slab  1784.00 SF$26,5001
CCP6Canopy-roof & slab  1080.00 SF$16,0001
CCP6Canopy-roof & slab  784.00 SF$14,8001
CCP6Canopy-roof & slab  504.00 SF$9,5001
CLP4Paving, Asphalt  160000.00 SF$704,0001
CPL6Light Pole - Steel  460.00 SF$35,0001
COH3Overhead Metal Door  200.00 UNIT$7001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$11,918,300$12,087,300$24,005,600
2023$11,918,300$12,087,300$24,005,600
2022$11,918,300$12,087,300$24,005,600

Assessment
Valuation YearImprovementsLandTotal
2024$8,342,810$8,461,110$16,803,920
2023$8,342,810$8,461,110$16,803,920
2022$8,342,810$8,461,110$16,803,920

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