Malden MA Real Estate & Commercial for Sale

1 Properties Found

The median home value in Malden, MA is $389,400. This is lower than the county median home value of $454,300. The national median home value is $185,800. The average price of homes sold in Malden, MA is $389,400. Approximately 39.28% of Malden homes are owned, compared to 55.58% rented, while 5.14% are vacant. Malden real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Malden real estate agent to arrange a tour today!
Learn more about Malden Real Estate.


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Beds:
n/a
Baths:
Sq.Ft.:
6,523
Status:
NEW LISTING
MLS#:
72271928
Type:
General Commercial
Lot size:
0.17 Acres
Courtesy: Castlearch Property Advisors
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Located at 181-187 & 192-200 Salem Street, the buildings are situated at a lighted intersection on the corner of Salem and Wolcott Streets. The location provides for a short, 7 minute walk to downtown Malden, and is only 0.8 miles to the MBTA station at Malden Center. Currently, eight of the nine storefronts are leased to a variety of local businesses, a number of which have been in occupancy for over 10 years. The vacant storefront at 187 Salem St has been recently upgraded with new paint, lighting and ceiling tiles and is currently being offered for rent. Additionally, the existing in-place rents are +/- 25% below market, with the majority of leases being TAWs. Owned and managed by the same family for over 30 years, these buildings offer a great opportunity to acquire two well-maintained retail assets, in a high traffic location, with a strong rental and occupancy history and immediate rental upside. PLEASE REVIEW ATTACHED MARKETING MATERIALS FOR PROFORMA RENTS/EXPENSES

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The information in this listing was gathered from third party sources including the seller and public records. MLS Property Information Network and its subscribers disclaim any and all representations and warranties as to the accuracy of this information

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