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Storefront Retail Space with Storage
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62a Summer Street, Malden, MA 02148

Commercial premises include dedicated basement storage and proximity to Malden Center T Station.

Property Size700 SF
Price / SF$4.14
Days on Market130

Property Features for 62a Summer Street

General Information

Standard status Active
Size 700 SF

Amenities

large basement for storage

Building Details

Building Size 700 SF
Year Built 1900
Listing Agency: Atlantic Realty Services
Listed By: Maria DiPierro · License #452508574
Source: Iverty
Added: Apr 23 Changed: Aug 30 Last Checked: Aug 30 at 1:32PM

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 Atlantic Realty Services

Investment Insights

Based on property information with market context.

This storefront retail property at 62A Summer Street provides approximately 700 square feet of commercial space, with a large basement offering additional storage. Constructed in 1900, the property presents a compact format for retail use in an established building.

Malden Center T Station is located nearby, providing access to area transit. Operating terms assign electric and water/sewer costs to the tenant, while heat, real estate taxes, and building insurance are included.

Key Highlights

  • Approximately 700 square feet of storefront retail space
  • Large basement provides additional storage
  • Near Malden Center T Station

Property Analytics

Current Use

Be U Tiful ... Hair Salon

Suggested Use

Top Pick Furniture & Home Goods Garden Center Hotel & Motel Acupuncture Home Appliance Store (Bike/Boat/Book/etc) Store

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

2,318
Businesses Nearby
111k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 64% Shops & Services 19% Electronics 11% Dining 6%
Stop & Shop Groceries
71,257 visits/mo 0.4 miles
Bank of America Shops & Services
13,760 visits/mo 0.3 miles
T-Mobile Electronics
6,266 visits/mo 0.3 miles
Dunkin' Donuts Dining
4,837 visits/mo 0.5 miles
Verizon Electronics
2,903 visits/mo 0.4 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

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
  • Stop & Shop Florist 99 Charles St, Malden, MA 02148
  • Sunny Florists 7 pleasant st, malden, ma 02148
  • Stephanie's Floral Design 101 Glen Rock Ave, Malden, MA 02148

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial premises include dedicated basement storage and proximity to Malden Center T Station.
Where is this storefront property located?
The property is located at 62a Summer Street Malden, MA.
What are key features of this property?
This property features: Approximately 700 square feet of storefront retail space; Large basement provides additional storage; Near Malden Center T Station
More about this property
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