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Industrial Flex Space

398 Riverside Ave, Medford, MA 02155

For Sale
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Customizable space supports warehousing, light manufacturing, distribution, research, office, and e-commerce operations.

Property Size118,135 SF
Days on Market54

Property Features for 398 Riverside Ave

General Information

Standard status Active
Size 118,135 SF
Property subtype Industrial

Additional Details

Heavy Power Yes

Building Details

Building Size 118,135 SF
Year Built 1961

Properties For Sale

at 398 Riverside Ave Contact us

Option 1

Size 10,000 SF
Type Flex Space
Term Negotiable
Contact us

Option 2

Size 7,500 SF
Type Flex Space
Term Negotiable
Contact us

Option 3

Size 8,850 SF
Type Flex Space
Term Negotiable
Contact us
Listing Agency: Lee & Associates - Boston
Listed By: Stephanie Deering · License MA #9517255
Source: Lee-associates
Added: Sep 19 Changed: Nov 10 Last Checked: Nov 10 at 6:49AM

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 Lee & Associates - Boston

Rey
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Investment Insights

Based on property information with market context.

This flex-space property combines adaptable layouts with dedicated office areas and loading capability. The configuration supports a range of industrial and commercial functions, including warehousing, light manufacturing, assembly, distribution, research and development, e-commerce, and office operations. High-capacity power adds utility for users with demanding operational requirements, while on-site parking supports day-to-day access.

Built in 1961, the property is located at 398 Riverside Ave in Medford, Massachusetts. The offering includes space associated with both 398 and 400 Riverside Avenue, providing a flexible industrial setting with multiple potential operational applications.

Key Highlights

  • Flexible layouts for warehousing, light manufacturing, assembly, distribution, R&D, e‑commerce, and office use
  • Dedicated office space included
  • Loading capability supports industrial operations

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant (Bike/Boat/Book/etc) 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.

Lease Details

Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

944
Businesses Nearby
Under-served
Demand for This Use

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

Average Price Trend$/SF for Flex space in Middlesex County, MA

$321 Jul
$363 Aug
$347 Sep
$386 Oct

Properties on Market for Flex space in Middlesex County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Similar Off Market Nearby

  • Wegmans Catering — 3850 Mystic Valley Pkwy, Medford, MA 02155
  • The Heritage Truck Catering Company — 342 Pearl St, Malden, MA 02148
  • Vaz & Mac Tex-Mex — 342 Pearl St, Malden, MA 02148
  • Great Eats by Mike — 342 pearl st, malden, ma 02148
  • Ana's Gourmet Catering — 191 Spring St, Medford, MA 02155

Frequently Asked Questions

What type of property is this?
Flex space - Customizable space supports warehousing, light manufacturing, distribution, research, office, and e-commerce operations.
Where is this flex space located?
The property is located at 398 Riverside Ave Medford, MA.
What are key features of this property?
This property features: Flexible layouts for warehousing, light manufacturing, assembly, distribution, R&D, e‑commerce, and office use; Dedicated office space included; Loading capability supports industrial operations
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