365 Salem St Medford Medford, MA 02155
Turnkey commercial building with street-level retail and finished lower level.
- Added:
- May 16, 2026
- Days on Market:
- 60
- Last Refresh:
- Jun 29 at 9:21 pm
Property Features for 365 Salem St Medford
General Information
- Standard status
- Active
- Size
- 4,100 SF
Building Details
- Year Built
- 1918
Listing office (508) 501-1443
Listing date May 16, 2026
Source Milestonerealtyinc
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 Leanne McCormick
Investment Insights
Based on property information with market context.
Key Highlights
- ±4,100 SF commercial building with ±2,050 SF street‑level retail
- Fully finished lower level
- Turnkey condition, ideal for owner‑user
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.0k | $21.96 |
| − Vacancy | −$5.9k | −$1.43 |
| EGI | $84.2k | $20.53 |
| − OpEx | −$25.3k | −$6.16 |
| NOI | $58.9k | $14.37 |
