1 / 19Active
$1,259,000
3,514 sqft · Commercial
62-64 Eastern Ave
Malden, MA 02148
Listing courtesy of Rosa DeCastro, Lynnway Associates · MLS PIN #73479670
1 / 5
ActiveListed 12 days ago
$1,199,999
283-289 Salem St, Malden, MA 02148
- 1,560
- sqft
- Lot sizeThe land that comes with the home, as reported to the MLS.
- 2,060 sqft
- Year builtThe year the building was originally built, as reported by the listing agent.
- 1900
- On the marketDays since the home was listed. New listings tend to move fastest.
- 12 days ago
- Property type
- Commercial
- Price per sqftList price divided by interior living area — handy for comparing homes of different sizes.
- $769
- Annual taxesLast annual property tax bill reported to the MLS. A new owner's bill can differ.
- $8,841
What’s Special
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**
Listing courtesy of Walace Nogueira, Fellsway Realty, LLC · MLS PIN #73587560
Facts & Features
- Status
- Active
- Active status flag
- Active
- Living area
- 1,560 sqft
MLS PIN #73587560 · Listed October 7, 2026
Location
283-289 Salem St, Malden · All Malden homes
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
$1,199,999
283-289 Salem St
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
