Second-Floor Office
For Sale
Contact for pricing
67 Maplewood Unit 120, Malden, MA 02148
Second-floor office suite with exposed brick, large windows, hardwood floors, central air, and included utilities.
Property Size240 SF
Price / SF$3.75
Days on Market114
Property Features for 67 Maplewood Unit 120
General Information
Standard status
Active
Size
240 SF
Property subtype
Commercial
Building Details
Year Built
1900
Listing Agency:
Boston Commonwealth Real Estate
Listed By:
Gregory W. Fiore
(781) 475-0293
Source:
Lockandkeyre
Added: Jul 1
Changed: Oct 21
Last Checked: Oct 20 at 9:06PM
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 Boston Commonwealth Real Estate
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Investment Insights
Based on property information with market context.
Second-floor office suite in Maplewood Square featuring exposed brick, large windows, and hardwood floors. The space is approximately 240 square feet and includes central air and all utilities. A professional business mailbox is also provided.
The building offers shared amenities including a common restroom and a common kitchenette area. This unit is listed as a for-sale commercial office space.
The suite’s interior layout emphasizes natural light through large windows and the character of exposed brick, with hardwood flooring throughout.
The building offers shared amenities including a common restroom and a common kitchenette area. This unit is listed as a for-sale commercial office space.
The suite’s interior layout emphasizes natural light through large windows and the character of exposed brick, with hardwood flooring throughout.
Key Highlights
- Second‑floor office suite with exposed brick, large windows, and hardwood floors
- Approx. 240 SF of space
- Central air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,615
Suggested Prices Based on Cap Rates
Cap Rate 5%
$152,300
$152.3K
Cap Rate 7%
$108,786
$108.8K
Cap Rate 9%
$84,611
$84.6K
Market Conditions
NOI Build-Up for 240 SF
Gross rent
$13.0K $54.24/SF
− Vacancy
−$2.9K −$11.93/SF
EGI
$10.2K $42.31/SF
− OpEx
−$2.5K −$10.58/SF
NOI
$7.6K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$152,300
Cap Rate 7%
$108,786
Cap Rate 9%
$84,611
Alternative Uses
Best Use
Office B
$108.8K
$95.2K – $126.9K
NOI $7,615 @ 7.0% cap · market cap 846.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$142.1K
$124.3K – $165.8K
NOI $9,946 @ 7.0% cap · market cap 1,105.11%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
958
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor office suite with exposed brick, large windows, hardwood floors, central air, and included utilities.
Where is this office unit located?
The property is located at 67 Maplewood Unit 120 Malden, MA.
What are key features of this property?
This property features: Second‑floor office suite with exposed brick, large windows, and hardwood floors; Approx. 240 SF of space; Central air
