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Mixed-Use Building with Parking
New
For Sale
$2,105,000

460 Main St, Medford, MA 02155

Separate utilities serve the apartments and commercial areas, including a small storefront that can be leased on its own.

Property SizeContact for details
Days on Market2

Property Features for 460 Main St

General Information

Standard status Active
Property subtype Commercial

Site & Location

Road Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $6,543

Amenities

off-street parking
separate utilities

Building Details

Year Built 1900
Buildings 1
Stories 3
Tenancy Multi
Listing Agency: RE/MAX Harmony
Listed By: Team Ladner
Source: Classifiedrealtygroup
Added: Sep 26 Last Checked: Sep 26 at 2:58PM

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 RE/MAX Harmony

Investment Insights

Based on property information with market context.

This mixed-use property contains two apartments and first-floor commercial space, plus a smaller storefront with its own address and utilities. The main commercial area is arranged as a salon, with an open layout, reception area, six styling chairs, a hair-wash station, a separate skin-care area, office, bathroom, and additional space. The second-floor apartment has three bedrooms, one full bath, an open kitchen and dining area, living room, and office. The third-floor apartment includes two bedrooms, one full bath, an open kitchen and dining area, living room, and a private deck accessed from a bedroom. The building dates to 1900, and each unit has separate utilities.

The property includes more than 20 off-street parking spaces and a 60-by-90-foot lot behind the building, accessed from Codding Avenue. A public parking lot is also in front of the building. The site is near Ball Square and Magoun Square, along the Medford-Somerville line; the Ball Square Green Line station is within walking distance, and a bus line runs in front of the property.

Key Highlights

  • Two apartments and first‑floor commercial space, plus a separate small storefront
  • More than 20 off‑street parking spaces
  • Included rear parking lot measures 60 ft x 90 ft, with direct access from Codding Ave

Property Analytics

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Current Use

Giordano International Hair Salon

Suggested Use

Top Pick Law Firm Parking Lot & Garage Accounting Firm Food Market Computer & Electronic Repair Hotel & Motel

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

2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,361
Businesses Nearby

Demographics for 02155, MA

61,483
Population
25,893
Households
2.4
Avg Household Size
36
Median Age
58%
College-Educated
93%
High-School Grad
8.2 sq mi
ZIP Area
7,498
Density / Sq Mi
$118,403
Median Household Income
$60,825
Median Earnings
$2,483
Median Rent
$715,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Separate utilities serve the apartments and commercial areas, including a small storefront that can be leased on its own.
Where is this mixed-use property located?
The property is located at 460 Main St Medford, MA.
What is the asking price?
The asking price for this property is $2,105,000.
What are key features of this property?
This property features: Two apartments and first‑floor commercial space, plus a separate small storefront; More than 20 off‑street parking spaces; Included rear parking lot measures 60 ft x 90 ft, with direct access from Codding Ave
More about this property
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