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Corner Storefront Property
New
For Sale
$249,800

369 Salem Street, Medford, MA 02155

A full basement provides additional storage beneath the street-level commercial space.

Property Size480 SF
Price / SF$520.42
Days on Market6

Property Features for 369 Salem Street

General Information

Standard status Active
Size 480 SF
Property subtype Commercial

Additional Details

Corner Location Yes

Building Details

Year Built 1940
Listing Agency: REMAX Andrew Realty Services
Listed By: John Veneziano
Source: Jbarrettrealty
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 6:58AM

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 REMAX Andrew Realty Services

Investment Insights

Based on property information with market context.

This storefront property has approximately 480 sq. ft. on the main level, with a full basement that is unfinished and suited to storage. The building dates to 1940.

The property occupies a corner lot along Route 60 and sits on a bus line.

Key Highlights

  • Approximately 480 sq. ft. of main‑level commercial space
  • Full unfinished basement provides additional storage
  • Corner‑lot position along Route 60; located on a bus line

Property Analytics

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Current Use

Duffy Floors - Frank ... General Contractor

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

739
Businesses Nearby
78k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 57% Shops & Services 31% Dining 11% Electronics 2%
Target Superstores
44,495 visits/mo 0.3 miles
Sunoco Shops & Services
12,913 visits/mo 0.3 miles
Dunkin' Donuts Dining
8,275 visits/mo 0.2 miles
Citizens Bank Shops & Services
7,816 visits/mo 0.2 miles
Valvoline Instant Oil Change Shops & Services
2,589 visits/mo 0.4 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Wildflower Designs Florist — 299 Highland Ave, Malden, MA 02148

Frequently Asked Questions

What type of property is this?
Storefront property - A full basement provides additional storage beneath the street-level commercial space.
Where is this storefront property located?
The property is located at 369 Salem Street Medford, MA.
What is the asking price?
The asking price for this property is $249,800.
What are key features of this property?
This property features: Approximately 480 sq. ft. of main‑level commercial space; Full unfinished basement provides additional storage; Corner‑lot position along Route 60; located on a bus line
More about this property
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