107 Days on Boardwalk PropertiesPrice Reduced $199,901
2
358-360 Salem St, Malden, MA 02148
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$699,999
Type: Commercial
Triple Net Lease (NNN)
1188 Bldg. SQFT
1 Restroom
Parking: N/A

Property Description

Prime retail opportunity in the heart of Malden, this freestanding one-story building at 358-360 Salem St offers approximately 1,188 sq ft of space on a 0.03-acre lot. Built in 1950, the property is zoned NB (Neighborhood Business), allowing for a variety of commercial uses. With excellent visibility on Salem Street, strong foot and vehicle traffic, and convenient access to public transit and major roadways, the location is ideal for retail or service businesses. A long-term tenant is currently in place, providing reliable rental income and making this property attractive both for investors seeking steady returns and for future owner-occupiers.

Property Details tap to expand

Property Information

  • Type: Commercial
  • Location: Legal Non-Conforming
  • MLS ID#: 73430957

Financial

  • Gross Annual Income: 26400
  • Lease Type: Triple Net Lease (NNN)

Building Information

  • Total SQFT: 1188
  • Total Restrooms: 1

Construction & Utilities

  • Utilities: Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/19/2025Active$899,900$757MLSPIN
09/15/2025New$899,900$757MLSPIN

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Seller's Representative: The Lucci Witte Team, William Raveis R.E. & Home Services
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-12-31 11:49:00

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