360 Salem St, Unit 1 Medford, MA 02155-3307
- Commercial real estate
- 992 SF
Current Use by Public Records
- Sidney Accounting Service in Medford / Accountant
Property Details for 360 Salem St
- Year built
- 1908
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Property size
- 992 SF
- Property type
- Commercial real estate
- APN
- MEDF M:K-12 B:4901
- APU
- MEDFMK12B4901
Description
This exceptional Medford, MA office building presents a lucrative investment opportunity. Priced at $1,500,000, the property boasts three commercial spaces, two currently leased with multi-year contracts. One leased space is an 880 sq ft professional office generating $2,000+ monthly, and the other is a 992 sq ft hair stylist space also producing $2,000+ monthly. The third space, a 1914 sq ft owner/contractor office, includes 750 sq ft of enclosed rear storage. This versatile space offers potential for additional leasing or owner use. The property features eleven parking spaces, potentially gated, and includes two large (8'x40') materials storage trailers. Conveniently located near Boston and Route 93, this income-producing property offers easy access to major transportation routes. Owner financing is available. This is a rare opportunity to acquire a well-established, high-income-generating commercial building in a desirable location within the Boston Metro area, where affordable contractor spaces are becoming increasingly scarce.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $230,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.0955
- Latitude
- 42.4221
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
