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    257-259 Spring St Medford, MA 02155

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    For Lease
    Contact for pricing

    5,288 SF two-story building, formerly a Citizens Bank branch.

    Property size:
    5,288 SF
    Lot size:
    0.16 Acres

    Property Features for 257-259 Spring St

    General Information

    Size
    5,288 SF
    Lot size
    0.16 Acres

    Source: Conviser Property Group Agent Jim Conviser

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

    Overview

    Medford Retail Building For Rent

    This is a 5,288 square foot, two-story building situated on a 6,970 square foot lot. The building was previously built out as a Citizens Bank branch. The property includes 10 parking spaces, with 8 standard spaces and 2 handicap spaces. The zoning is Commercial 1.
    Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0912671
    Latitude
    42.4226721

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    FAQs

    What type of property is this?
    Bank - 5,288 SF two-story building, formerly a Citizens Bank branch.
    Where is this bank located?
    The property is located at 257-259 Spring St Medford, MA.
    What are key features of this property?
    This property features: - 5,288 SF Building on a 6,970 SF Lot; - 10 Parking Spaces (8 Standard, 2 Handicap); - Two Story Building
    (617) 839-0456
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    257-259 Spring St Medford, MA 02155
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    Medford, MA 02155
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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
    257-259 Spring St Medford, MA 02155
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