Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    84 Eastern Ave Malden, MA 02148

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $3,250 /Mo

    Retail space on Eastern Ave, approximately 400 square feet.

    Lot size:
    0.07 Acres

    Property Features for 84 Eastern Ave

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    1940

    We can help!

    Listing Contact
    Maria Dipierro
    Source: Elliman

    Listing Agency: Atlantic Realty Services Listing Agent: Maria Dipierro

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

    Learn more

    Property Insight Report

    Overview

    Storefront Retail Space For Rent

    This is a storefront retail space available for rent on Eastern Ave, a high-traffic area. The space is approximately 400 square feet and includes a restroom and central air. All utilities are included. The space was previously used as a dog grooming salon. Please note that the photos in the listing are from a prior tenant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    MCO Corporation Production Facility Issa Nail Bar Nail Salon A+ Detailing Car Wash FITBULL STUDIO Motorcycle Shop BYE BYE Motorcycle Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    Stop & Shop Florist, Sunny Florists

    Location Insight

    • Map
    • Local Demand
    City
    Malden
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0652908
    Latitude
    42.4244146

    Nearby Similar for Lease

    • $1,500 /Mo

      Salon Suites Near Malden Center

      Salon suites for rent near Malden Center T Station.
      75 Pleasant Street Park, Malden, MA 02148
      View Details
    • $3,100 /Mo

      New Office Space Near Transit

      First floor office space near Malden Center T Station.
      75 Pleasant Street Park, Malden, MA 02148
      View Details
    • $3,500 /Mo

      Retail Space Near Malden Center

      Retail space for rent near Malden Center T Station.
      105 Ferry St, Malden, MA 02148
      View Details
    • $3,000 /Mo

      Retail Space in High-Traffic Area

      Storefront retail space in a high-traffic area, approximately 650 SF.
      115 Ferry St, Malden, MA 02148
      View Details
    • Contact for pricing
      2,017 SF

      Retail Space Near MBTA Station

      Street retail space with storage near Malden Center MBTA station.
      190 Pleasant St, Malden, MA 02148
      View Details
    • $1,500 /Mo

      Garage Space with Half Bath

      Garage space with half bath, suitable for office or storage.
      541 Main Street Park, Malden, MA 02148
      View Details
    • $800 /Mo

      Remodeled Office Suite For Rent

      Newly remodeled office suite with utilities included in Malden.
      67 Maplwood St, Malden, MA 02148
      View Details
    • Contact for pricing

      Malden Center Retail and Office

      Retail and office spaces in the heart of Malden Center.
      22 Pleasant Street Park, Malden, MA 02148
      View Details
    • $2,600 /Mo
      650 SF

      Ferry Street Retail Space

      Retail space in high-traffic area near Malden Center.
      115 Ferry Street Pl, Malden, MA 02148
      View Details
    • $6,000 /Mo
      2,000 SF

      Malden Flex Space For Rent

      2,000 sq ft flex space with garage and office.
      1130 Eastern Ave, Malden, MA 02148
      View Details
    • Contact for pricing
      8,464 SF

      Malden Office/Medical/Retail/Flex Building

      8,464 SF building suitable for office, medical, retail, or flex.
      270-280 Medford St, Malden, MA 02148
      View Details
    • Contact for pricing
      2,000 SF

      Malden Retail/Office Space Available

      2,000 SF retail/office space available for lease.
      980 Eastern Ave, Malden, MA 02148
      View Details

    FAQs

    What type of property is this?
    Storefront property - Retail space on Eastern Ave, approximately 400 square feet.
    Where is this storefront property located?
    The property is located at 84 Eastern Ave Malden, MA.
    What is the lease rate?
    The lease rate is $3,250 /Mo.
    What are key features of this property?
    This property features: - High traffic area on Eastern Ave; - Storefront retail space; - Includes all utilities
    (617) 543-3607
    Request Owner's contact information
    84 Eastern Ave Malden, MA 02148
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    84 Eastern Ave
    Malden, MA 02148
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    84 Eastern Ave Malden, MA 02148
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Maria Dipierro
    (617) 543-3607
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!