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Two-Parcel Development Land Opportunity
For Sale
$1,650,000
Pending

40 Oakland St, Malden, MA 02148

Two adjoining parcels in RES A zoning include a former function hall structure with off-street parking and a paved lot.

Property Size3,772 SF
Days on Market55

Property Features for 40 Oakland St

General Information

Standard status Pending
Size 3,772 SF
Property subtype Commercial
Zoning RES A

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $7,283

Building Details

Building Size 3,772 SF
Year Built 1950
Listing Agency: Century 21 North East
Listed By: Steven Ultrino
Source: Classifiedrealtygroup
Added: Jul 10 Changed: Aug 23 Last Checked: Aug 3 at 3:35AM

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 Century 21 North East

Investment Insights

Based on property information with market context.

This two-parcel opportunity in Malden’s Edgeworth neighborhood includes 40 Oakland St, described as a former function hall with an existing structure and off-street parking. It is being sold together with 35 Oakland St, a paved lot directly across the street. Both parcels are stated to be in RES A zoning.

The property is described as less than a mile to Malden Center T station with Orange Line and Commuter Rail access. Routes 60 and 93 are noted as minutes away, and Assembly Row, Wellington Circle, and downtown Boston are described as close.

Please note this listing reflects square feet, taxes, and assessments for 40 Oakland Street only; both parcels are to be sold at the same time. Zoning is referenced as RES A with permitted uses shown in the attachments, along with parcel details.

Key Highlights

  • Two adjoining parcels in Malden’s Edgeworth neighborhood, both in RES A zoning
  • 40 Oakland St includes an existing structure (former function hall) with off‑street parking
  • 35 Oakland St is a paved lot directly across the street from 40 Oakland St

Property Analytics

Current Use

Italian American War ... Advocacy Group

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Acupuncture Tattoo & Piercing Shop Furniture & Home Goods Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,838
Businesses Nearby

Demographics for 02148, MA

66,274
Population
28,043
Households
2.4
Avg Household Size
36
Median Age
45%
College-Educated
87%
High-School Grad
5.0 sq mi
ZIP Area
13,255
Density / Sq Mi
$95,298
Median Household Income
$56,077
Median Earnings
$2,066
Median Rent
$607,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Two adjoining parcels in RES A zoning include a former function hall structure with off-street parking and a paved lot.
Where is this commercial land located?
The property is located at 40 Oakland St Malden, MA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Two adjoining parcels in Malden’s Edgeworth neighborhood, both in RES A zoning; 40 Oakland St includes an existing structure (former function hall) with off‑street parking; 35 Oakland St is a paved lot directly across the street from 40 Oakland St
More about this property
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