Storefront with Private
250A Highland Ave, Malden, MA 02148
For Sale
Contact for pricing
Compact retail space includes central air conditioning and a private bathroom.
Property Size600 SF
Price / SF$2.50
Days on Market55
Property Features for 250A Highland Ave
General Information
Standard status
Size
Amenities
central A/C
private bathroom
Building Details
Year Built
Listing Agency:
Steady Real Estate
Listed By:
Thomas Carr
(508) 789-0340
Source:
Lockandkeyre
Added: Sep 21
Changed: Nov 12
Last Checked: Nov 12 at 7:34AM
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 Steady Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 600-square-foot storefront at 250A Highland Ave in Malden includes central air conditioning and one private bathroom. The building dates to 1935.
Public transit, local dining, and major routes are nearby.
Public transit, local dining, and major routes are nearby.
Key Highlights
- 600‑square‑foot storefront
- Central air conditioning
- One private bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,624
Suggested Prices Based on Cap Rates
Cap Rate 5%
$172,480
$172.5K
Cap Rate 7%
$123,200
$123.2K
Cap Rate 9%
$95,822
$95.8K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$13.2K $21.96/SF
− Vacancy
−$856 −$1.43/SF
EGI
$12.3K $20.53/SF
− OpEx
−$3.7K −$6.16/SF
NOI
$8.6K $14.37/SF
Area
Middlesex County, MA
Vacancy
6.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$172,480
Cap Rate 7%
$123,200
Cap Rate 9%
$95,822
Alternative Uses
Best Use
Retail
$123.2K
$107.8K – $143.7K
NOI $8,624 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$355.2K
$310.8K – $414.4K
NOI $24,864 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,560
Businesses Nearby
153k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Dining 30%
Superstores 29%
Beauty & Spa 1%
Target
Superstores
44,495 visits/mo
0.4 miles
Dollar Tree
Shops & Services
40,060 visits/mo
0.4 miles
Wendy's
Dining
25,467 visits/mo
0.4 miles
Dunkin' Donuts
Dining
16,092 visits/mo
0.5 miles
Sunoco
Shops & Services
12,913 visits/mo
0.5 miles
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
$607,500
Median Home Value
Market
Average Price Trend$/SF for Storefront properties in Middlesex County, MA
Properties on Market for Storefront properties in Middlesex County
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Wildflower Designs Florist — 299 Highland Ave, Malden, MA 02148
- Stop & Shop Florist — 99 Charles St, Malden, MA 02148
- Sunny Florists — 7 pleasant st, malden, ma 02148
Frequently Asked Questions
What type of property is this?
Storefront property - Compact retail space includes central air conditioning and a private bathroom.
Where is this storefront property located?
The property is located at 250A Highland Ave Malden, MA.
What are key features of this property?
This property features: 600‑square‑foot storefront; Central air conditioning; One private bathroom
