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Renovated Commercial Space Near T-Station

1 Glenwood St #6, Malden, MA 02148

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For Sale

$550,000

1,048 SF renovated commercial space across from Oak Grove T-station.

Type:Commercial

Property size:

1,048 SF

Price / SF:

$524/SF

Listing Contact

Christine Do

Real Estate License ID: 449518378

HighLights

Prime location directly across from Oak Grove T‑station, ensuring high foot traffic.
Recently renovated commercial space, ready for immediate occupancy.
Versatile 1,048sf open space suitable for various business types.
Public parking lot located directly in front of the property.
Includes a half bathroom and storage room.
Upper levels consist of newly renovated condo units.

Learn more

For Sale

$550,000

1,048 SF renovated commercial space across from Oak Grove T-station.

Type:Commercial

Property size:

1,048 SF

Price / SF:

$524/SF

Added:: Apr 25, 2026
Days on Market:: 48
Last Refresh:: Apr 25 at 6:19 am

Property Features for 1 Glenwood St #6

General Information

Standard status: Active
Size: 1,048 SF
Property subtype: Commercial

Building Details

Year Built: 1920

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Listing Contact

Christine Do

Listing agent Christine Do License #449518378

Listing office Keller Williams Realty

Listing date Apr 25, 2026

Source Liongatere

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty

HighLights

Prime location directly across from Oak Grove T‑station, ensuring high foot traffic.
Recently renovated commercial space, ready for immediate occupancy.
Versatile 1,048sf open space suitable for various business types.
Public parking lot located directly in front of the property.
Includes a half bathroom and storage room.
Upper levels consist of newly renovated condo units.

Overview

This 1,048 square foot commercial space is located across from the Oak Grove T-station, offering potential foot traffic. A public parking lot is situated in front of the property. The space has been recently renovated and includes a half bathroom and a storage room. This open space may be suitable for various business ideas, including office, retail sales, and services. The upper levels of the building consist of newly renovated condo units.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$56.8k	$54.24
− Vacancy	−$12.5k	−$11.93
EGI	$44.3k	$42.31
− OpEx	−$11.1k	−$10.58
NOI	$33.3k	$31.73

1,048 SF · lease $54.24/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$475.0K

$415.7K – $554.2K (±1% cap)

NOI $33,253 @ 7.0% cap · market cap 6.05%

Second Best

Retail

$215.2K

$188.3K – $251.1K (±1% cap)

NOI $15,063 @ 7.0% cap · market cap 2.74%

Theoretical Best

Office A

$620.4K

$542.9K – $723.8K (±1% cap)

NOI $43,429 @ 7.0% cap · market cap 7.90%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Malden
County: Middlesex
State: Massachusetts
Longitude: -71.0723506
Latitude: 42.4353446

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For sale
Retail space
MA
Malden
02148
1 Glenwood St #6

What type of property is this?

Retail space - 1,048 SF renovated commercial space across from Oak Grove T-station.

Where is this retail space located?

The property is located at 1 Glenwood St #6 Malden, MA.

What is the asking price?

The asking price for this property is $550,000.

What are key features of this property?

This property features: Prime location directly across from Oak Grove T‑station, ensuring high foot traffic.; Recently renovated commercial space, ready for immediate occupancy.; Versatile 1,048sf open space suitable for various business types.