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Automotive Flex Building with Bays
For Lease
$11,000/Mo NNN

11 Marlboro Street, Malden, MA 02148

6500 SF building with two garage bays and parking for up to fifteen cars, plus separate gas heat and electric.

Space SizeContact for details
Days on Market61

Property Features for 11 Marlboro Street

General Information

Standard status Active
Total Parking Spaces 15
Lease Term []

Additional Details

Service Bays 2

Building Details

Year Built 1940
Stories 2
Listing Agency: Atlantic Realty Services
Listed By: Maria DiPierro
Source: Cabotandcompany
Added: Jul 7 Changed: Sep 4 Last Checked: Sep 4 at 10:54AM

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

Investment Insights

Based on property information with market context.

This 6,500-square-foot flex building is set up for automotive use or general contracting, with two garage bays and a practical split between ground-level space and a second-floor area. The second floor can be used for office space or other service-oriented uses such as a gym, personal training, or a church. The property also includes dedicated parking for up to fifteen cars.

Utilities are configured with gas heat and electric separated, with triple-net expenses in addition. The building can be leased in a flexible format, with two separate 3,250-square-foot spaces available for the first floor and the second floor.

The space offers an owner-operator or contractor-friendly layout, combining bay access with additional interior room that can support office or service use depending on tenant needs.

Key Highlights

  • 6500 SF building built in 1940 with two garage bays and parking for up to 15 cars
  • Flexible layout with the option to lease as two separate 3,250 SF spaces (1st floor and 2nd floor)
  • Second floor space could be used for office space, gym/personal training, or a church

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Parking Lot & Garage Cafe & Coffee Shop Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Service bays
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

909
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for Malden, MA

$29.25 /SF/Yr
Avg Asking Price
$20.31–$42.35 /SF/Yr
Price Range
7,002 SF
Avg Space Size

This space is priced 31% below the average of $29.25 /SF/Yr.

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Similar Off Market Nearby

  • dimyishere 274 Shute St, Everett, MA 02149
  • Caribbean Tastes Give A Lasting Impression, Inc.
  • Henry's Catering Service of Malden 562 Broadway, Malden, MA 02148

Frequently Asked Questions

What type of property is this?
Flex space - 6500 SF building with two garage bays and parking for up to fifteen cars, plus separate gas heat and electric.
Where is this flex space located?
The property is located at 11 Marlboro Street Malden, MA.
What is the lease rate?
The lease rate is $11,000/Mo.
What are key features of this property?
This property features: 6500 SF building built in 1940 with two garage bays and parking for up to 15 cars; Flexible layout with the option to lease as two separate 3,250 SF spaces (1st floor and 2nd floor); Second floor space could be used for office space, gym/personal training, or a church
More about this property
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