697-705 Salem St Malden, MA 02148

FOR SALE

Mixed-use properties

Property ID

US38-Q003892

7,000 SF Built 1900

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$1,299,900 7,000 SF

697-705 Salem St, Malden, MA 02148
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The property consists of a four-unit commercial building on Salem Street and an attached two-family home, both located within Maplewood Square on a single lot. The buildings occupy approximately 7,000 square feet total and are positioned along a high-traffic corridor, providing street-facing frontage and visibility. The two-family portion is in a condition that requires major restoration (TLC) and is configured as residential use, while the Salem Street building provides commercial units suitable for income generation. The site presents multiple possibilities for redevelopment, rental use, or long-term hold, subject to applicable zoning and permitting.

Property type Mixed-use properties

Year built 1900

Total area 7,000 SF

UPID US38-Q003892

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

697-705 Salem St Malden, MA 02148

Malden metro

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6 recent transactions · within 1.5 mi

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Four-Unit Retail Building and Duplex

Mixed-use income property combining a four-unit retail building with a two-family home on one lot.

697-705 Salem Street, Malden, MA 02148

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Mixed-Use Income Property

Four-unit commercial building plus a two-family home on one lot at 697–705 Salem Street, with group showings only.

697-705 Salem Street, Malden, MA 02148

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Mixed-Use Two-Unit Building

Two-unit mixed-use building with an 8-room first-floor medical office and a 2-bedroom apartment upstairs.

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View Details
$1,399,000

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Four-Unit Retail Building and Duplex

Mixed-use income property combining a four-unit retail building with a two-family home on one lot.

697-705 Salem Street, Malden, MA 02148

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New

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Two-Family Duplex with Off-Street Parking

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$1,299,900

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Mixed-Use Income Property

Four-unit commercial building plus a two-family home on one lot at 697–705 Salem Street, with group showings only.

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