Retail Space with Central
New
For Sale
Contact for pricing
1 Medford Street, Malden, MA 02148
Recent remodeling and central air serve this space at the Main Street and Medford Street intersection.
Property Size400 SF
Price / SF$7
Days on Market4
Property Features for 1 Medford Street
General Information
Standard status
Active
Size
400 SF
Property subtype
Commercial
Amenities
central air
Building Details
Year Built
1910
Listing Agency:
Atlantic Realty Services
Listed By:
Maria DiPierro · License #9511886
(617) 543-3607
Source:
Lockandkeyre
Added: Oct 17
Changed: Oct 19
Last Checked: Oct 19 at 2:45PM
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 Atlantic Realty Services
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 400-square-foot retail space in a building constructed in 1910 has been remodeled and is equipped with central air. It is positioned at the intersection of Main Street and Medford Street in Malden.
The occupant is responsible for heat, electricity, water, and sewer costs. Real estate taxes and building insurance are included.
The occupant is responsible for heat, electricity, water, and sewer costs. Real estate taxes and building insurance are included.
Key Highlights
- 400 square feet of retail space
- Remodeled space with central air
- At the Main Street and Medford Street intersection
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,749
Suggested Prices Based on Cap Rates
Cap Rate 5%
$114,980
$115.0K
Cap Rate 7%
$82,129
$82.1K
Cap Rate 9%
$63,878
$63.9K
Market Conditions
NOI Build-Up for 400 SF
Gross rent
$8.8K $21.96/SF
− Vacancy
−$571 −$1.43/SF
EGI
$8.2K $20.53/SF
− OpEx
−$2.5K −$6.16/SF
NOI
$5.7K $14.37/SF
Area
Middlesex County, MA
Vacancy
6.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$114,980
Cap Rate 7%
$82,129
Cap Rate 9%
$63,878
Alternative Uses
Best Use
Retail
$82.1K
$71.9K – $95.8K
NOI $5,749 @ 7.0% cap · market cap 205.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$236.8K
$207.2K – $276.3K
NOI $16,576 @ 7.0% cap · market cap 592.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,954
Businesses Nearby
97k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 73%
Dining 23%
Electronics 3%
Home Improvements & Furnishings 1%
Stop & Shop
Groceries
71,257 visits/mo
0.5 miles
Dunkin' Donuts
Dining
16,186 visits/mo
0.4 miles
Dunkin' Donuts
Dining
4,689 visits/mo
0.4 miles
AT&T
Electronics
2,639 visits/mo
0.5 miles
SUBWAY
Dining
1,930 visits/mo
0.5 miles
Demographics for 02148, MA
66,274
Population
28,043
Households
2.4
Avg Household Size
36
Median Age
45%
College-Educated
87%
High-School Grad
5.0 sq mi
ZIP Area
13,255
Density / Sq Mi
$95,298
Median Household Income
$56,077
Median Earnings
$2,066
Median Rent
$607,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Recent remodeling and central air serve this space at the Main Street and Medford Street intersection.
Where is this retail space located?
The property is located at 1 Medford Street Malden, MA.
What are key features of this property?
This property features: 400 square feet of retail space; Remodeled space with central air; At the Main Street and Medford Street intersection
