USAMAMalden289-283-289 Salem St
Listing image | Image 1

289-283-289 Salem St, Malden, MA

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,199,999

000

MLS® 73587560

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 1560 sqft
Garage No
HOA Fees 
Taxes $8,841
Days Active 2
Approx. Age 1900
Avg. Price Per Sqft $769
MLS® Number 73587560

Property Address: 289-283-289 Salem St, Malden, MA, 02148-4232

Average square foot calculated using Size range provided by listing agent.

Description

Great opportunity to acquire 283–289 Salem Street in Malden, a strategically located 3-unit commercial property offering an attractive combination of existing income potential, established retail presence, and long-term upside. The property currently has 2/3 units leased. Unit #283 was gut renovated in 2024 and is currently vacant (coffee shop) last rent was $2000/month, Unit 285-287 is a double wide unit renovated in 2023 and currently leased to a beauty salon paying $2500/month, Unit 289 is currently leased to a cell phone sales and repair shop paying $2200/month. This property is an excellent opportunity for an owner-user, investor, or entrepreneur seeking a property with an existing business environment. Positioned along Salem Street, the property benefits from strong neighborhood visibility and convenient access to Malden's surrounding residential and commercial areas. The location provides an ideal setting for a variety of retail, food-service, professional, and other commercial uses, subject to applicable zoning and permitting. **Buyer & Buyers Agent responsible for their own due diligence in confirming accuracy of information provided, permitting and licenses**
MLS® Number73587560
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 7, 2026List Date
$1,199,999List Price
  • Commute

Commute

Starting Address
Destination Address
283-289 Salem St, Malden, MA

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