Maplewood Square Mixed-Use Investment Opportunity

697-705 Salem Street, Malden, MA 02148

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For Sale

$1,599,900

Four-unit commercial building and two-family home in prime location.

Type:Commercial

HighLights

Prime location in Maplewood Square on a high‑traffic, high‑visibility corridor.
Four‑unit commercial building with strong rental potential.
Opportunity for redevelopment or long‑term hold.
Two‑family home included, offering additional income potential.
Attractive income opportunities for investors.
Significant appreciation potential with improvements to the two‑family home.

We can help!

Listing Contact

Dave Digregorio

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For Sale

$1,599,900

Four-unit commercial building and two-family home in prime location.

Type:Commercial

Added:: Apr 25, 2026
Days on Market:: 54
Last Refresh:: Apr 25 at 6:21 am

Property Features for 697-705 Salem Street

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1900

We can help!

Listing Contact

Dave Digregorio

Listing agent Dave Digregorio License #449506373

Listing office Coldwell Banker Realty - Waltham

Listing date Apr 25, 2026

Source Liongatere

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 Coldwell Banker Realty - Waltham

HighLights

Prime location in Maplewood Square on a high‑traffic, high‑visibility corridor.
Four‑unit commercial building with strong rental potential.
Opportunity for redevelopment or long‑term hold.
Two‑family home included, offering additional income potential.
Attractive income opportunities for investors.
Significant appreciation potential with improvements to the two‑family home.

Overview

This is a rare opportunity to own a four-unit commercial building along with a two-family home on one lot. The Salem Street commercial building is positioned on a high-traffic, high-visibility corridor, offering excellent exposure and strong rental potential. It is ideal for investors seeking attractive income opportunities in a prime location. The two-family home requires major TLC but presents tremendous upside for value-add investors. With improvements, this property offers substantial income and appreciation potential. Multiple possibilities exist for redevelopment, rental income, or long-term hold in one of the area's most sought-after neighborhoods.

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

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Local Demand

City: Malden
County: Middlesex
State: Massachusetts
Longitude: -71.0454556
Latitude: 42.4335503

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For sale
Mixed-use properties
MA
Malden
02148
697-705 Salem Street

What type of property is this?

Mixed-use property - Four-unit commercial building and two-family home in prime location.

Where is this mixed-use property located?

The property is located at 697-705 Salem Street Malden, MA.

What is the asking price?

The asking price for this property is $1,599,900.

What are key features of this property?

This property features: Prime location in Maplewood Square on a high‑traffic, high‑visibility corridor.; Four‑unit commercial building with strong rental potential.; Opportunity for redevelopment or long‑term hold.