1 Wesley St, Malden, MA 02148-6219
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
I1 · Malden, MAMalden. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.