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Three-Suite Office Building
For Sale
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360 Salem St, Medford, MA 02155

Two suites are leased, while the remaining space includes enclosed rear storage for business or leasing use.

Property SizeContact for details
Days on Market145

Property Features for 360 Salem St

General Information

Standard status Active
Property subtype Office
Listing Agency: Stephen Cefalo Real Estate
Listed By: Steve Cefalo · License #MA 9518853
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 4:48AM

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 Stephen Cefalo Real Estate

Investment Insights

Based on property information with market context.

This three-suite commercial building includes two leased spaces and a third area occupied by the owner’s contractor business. The leased suites comprise an 880 SF professional office and a 992 SF hair stylist space, each supported by multi-year leases. The owner-occupied suite contains 1,914 SF of office area plus 750 SF of enclosed rear storage.

The property includes 11 parking spaces that can be gated, along with two 8’x40’ materials storage trailers conveyed with the sale. Located at 360 Salem St in Medford, the property is near Boston and Route 93. The available owner-occupied area provides a combination of office and storage space for continued business use or potential leasing.

Key Highlights

  • Three commercial suites, including two leased spaces and one owner‑occupied contractor office
  • 1,914 SF owner‑occupied office with 750 SF of enclosed rear storage
  • Leased suites measure 880 SF and 992 SF, respectively

Property Analytics

Current Use

Sidney Accounting Service ... Accounting Firm

Suggested Use

Top Pick Restaurant Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Hotel & Motel Garden Center

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

Location Intelligence

Trade Area within ½ mile

743
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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two suites are leased, while the remaining space includes enclosed rear storage for business or leasing use.
Where is this office building located?
The property is located at 360 Salem St Medford, MA.
What are key features of this property?
This property features: Three commercial suites, including two leased spaces and one owner‑occupied contractor office; 1,914 SF owner‑occupied office with 750 SF of enclosed rear storage; Leased suites measure 880 SF and 992 SF, respectively
More about this property
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