Search
Former Bank Office Building
For Sale
$2,895,000

399 Main St, Malden, MA 02148

Free-standing, multi-level former bank building offers a blank-slate interior with elevator service to all floors.

Property Size23,900 SF
Price / SF$120.63
Days on Market56

Property Features for 399 Main St

General Information

Standard status Active
Size 23,900 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $28,582

Building Details

Building Size 23,900 SF
Year Built 1922
Stories 4
Listing Agency: Pondfield Commercial Group
Listed By: Michael J. Chapin
Source: Classifiedrealtygroup
Added: Jul 9 Changed: Aug 26 Last Checked: Sep 1 at 3:43PM

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 Pondfield Commercial Group

Investment Insights

Based on property information with market context.

This free-standing downtown office building was formerly used as a bank and is offered for sale or lease. The property includes three full levels plus a lower level with high ceilings throughout, and the interior has been completely demo’d/abated, creating a blank-slate space. All four floors are serviced by an elevator, and some outdoor space is available for patio seating.

The building is located at the intersection of Main St and Pleasant St, with visibility from a central downtown setting. It is adjacent to a 45-car municipal parking lot and a block from a 600-car parking garage.

A full 24,000 square foot building is available, with potential for subdivision as small as 5,000 square feet. The building sits across the street from Malden High School and is part of the area described as the nation’s only Gaming District.

Key Highlights

  • 24,000 SF former bank building with 3 full levels plus a lower level with high ceilings
  • Blank‑slate interior: completely demo'd/abated, ready for new buildout
  • Elevator service to all four floors

Property Analytics

Current Use

Citizens Bank ATM Atm Medford Bank Bank Citizens Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Gym & Fitness Center Hotel & Motel Furniture & Home Goods

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

2,486
Businesses Nearby

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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Free-standing, multi-level former bank building offers a blank-slate interior with elevator service to all floors.
Where is this office building located?
The property is located at 399 Main St Malden, MA.
What is the asking price?
The asking price for this property is $2,895,000.
What are key features of this property?
This property features: 24,000 SF former bank building with 3 full levels plus a lower level with high ceilings; Blank‑slate interior: completely demo'd/abated, ready for new buildout; Elevator service to all four floors
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message