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    1 Wesley St Malden, MA 02148-6219
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    Property profile & analytics

    1 Wesley St Malden, MA 02148-6219


    • Warehouses
    • 101,803 SF
    • 1.21 lot acres
    Off-Market
    Last Sale Aug 15, 2024
    $10,000,000
    Property ID
    US38-1417890
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $10,220,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wayside Compartments / Storage Facility
    • Authority Insurance MA / Insurance Agency
    • Rocky Mountain Spring Water Refill Station - Malden Wesley / Big Box & Wholesale Store

    Property Details for 1 Wesley St

    Year built
    1925
    Construction
    STEEL FRAME
    Lot size
    1.21 lot acres
    Property size
    101,803 SF
    Zone code
    I1
    Property type
    Warehouses
    APN
    MALD M:171 B:534 L:401
    APU
    MALDM171B534L401

    Description

    This exceptional industrial property, located at 1 Wesley St in Malden, MA 02148, offers a prime opportunity for businesses seeking flexible warehouse or distribution space. The property boasts a total of 101,803 square feet, with 25,095 square feet currently available for lease. The building features a desirable 25-foot ceiling height, providing ample vertical storage capacity. Loading and unloading are facilitated by three convenient loading docks and one drive-in door. The expansive 1.5-acre lot offers ample parking for employees and visitors. The property is zoned for industrial use, specifically Revere: IP (Industrial Park) and Malden: I-1 (Industrial 1), ensuring compatibility with a wide range of industrial operations. Situated in Middlesex County, this location provides easy access to major transportation routes, making it an ideal distribution hub. The multiple tenancy structure allows for flexibility in lease terms and space requirements. This is a rare opportunity to secure a well-located, versatile industrial space in a thriving market. The property's size, features, and zoning make it suitable for a variety of industrial uses, from warehousing and distribution to light manufacturing and flex space. Don't miss this chance to establish your business in this strategic location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $14,805,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Malden
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0237
    Latitude
    42.4327
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $45,924
    $899,500
    $1,623,800
    $2,523,300
    -
    $0.00
    $0.00
    $0.00
    More about this property
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