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Property profile & analytics
OFF-MARKET Estimated value $955,000
Retail space

393 Main St Medford, MA 02155-6250

6,903 SF 0.18 ac lot Built 1950
Individually Owned 3-yr Hold Free & Clear
Property ID
US38-1491235
Property summary
AI-generated overview

This exceptional commercial property, situated at 393 Main Street in Medford, Massachusetts, presents a unique investment opportunity. Located near the intersection of Main and Harvard Streets, this high-traffic area ensures excellent visibility and accessibility. The property boasts a substantial single-story building currently configured as two storefronts, offering immediate income potential. The building comprises a spacious 6,903 square foot first floor and a 4,797 square foot basement, providing ample space for a variety of uses. The sizable 7,676 square foot lot (0.18 acres) offers significant potential for redevelopment or new construction. Its prime location offers easy access to public transportation, with close proximity to the MBTA Green Line and a half-mile from Route 93, ensuring convenient commutes for employees and customers. The property is zoned Commercial (C-1), opening doors to a wide range of development possibilities. This versatile property is ideal for savvy investors seeking a strong foothold in a thriving Medford location, offering both immediate income and long-term growth potential. The combination of existing commercial space and significant redevelopment potential makes this a truly unique opportunity. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,903 SF
Lot 0.18 ac (7,676 SF)
APN MEDF M:V-09 B:0040
UPID US38-1491235
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Roshankish Krav Maga Training Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$955k
Owner & transaction history
Roshankish Martial Arts C · 3 yrs held
Roshankish Martial Arts C
since 2023
5 recorded transactions
2023
Price N/A
2021
Price N/A
2019
Price N/A
2014
$1.0M
2002
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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