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    219-229 Centre St Malden, MA 02148

    For Lease
    Contact for pricing

    Retail center in downtown Malden with high traffic and parking.

    Property size:
    8,361 SF
    Lot size:
    0.78 Acres

    Property Features for 219-229 Centre St

    General Information

    Size
    8,361 SF
    Lot size
    0.78 Acres

    Source: Combined Properties, Inc. Agent Greg Regazzini

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

    Overview

    Downtown Malden Retail Center

    This 19,949 square foot retail center is situated in busy downtown Malden at the intersection of Route 60, Ferry Street, and Main Street, where 40,000 cars pass daily. The property offers pylon signage, excellent street frontage, and free off-street parking. It is located within walking distance of the MBTA’s Malden Center Station and two municipal parking garages.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Coin Cloud Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM, China chili woper, 北美留学生卡取卡点, Route 60 Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Malden
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0659298
    Latitude
    42.4249431

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    FAQs

    What type of property is this?
    Shopping center - Retail center in downtown Malden with high traffic and parking.
    Where is this shopping center located?
    The property is located at 219-229 Centre St Malden, MA.
    What are key features of this property?
    This property features: - High-traffic location in downtown Malden (40,000 cars daily).; - 19,949 SF retail center.; - Excellent street frontage.
    (781) 321-7800
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    Malden, MA 02148
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    219-229 Centre St Malden, MA 02148
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