The Most Expensive Property For Sale in Salem Is...

We went looking for the most expensive piece of property for sale in Salem according to Zillow.com.

What we found wasn't (as I expected) a mansion in the Chestnut Street District. It's an empty acre parcel along the North River right beside a junkyard.

To see the potential here will take a developer with deep pockets and some vision. The text describing 12 Franklin St., which is along the river halfway between North Street and Furlong Park, describes it this way:

"This parcel is located in the North River Canal Corridor Zoning District, which has been rezoned for mixed-use development in an attempt by the city to revitalize the neighborhood with a mix of multi-family residences and business uses."

It is waterfront property, of course, and right across from the T station. Who knows? Could be a real gem in the rough.