Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    267 Main St, Unit 273 Malden, MA 02148-6960
    Back to Search
    Property profile & analytics

    267 Main St, Unit 273, Malden, MA 02148-6960

    View on Map
    • Turn key restaurants
    • 1,584 SF
    • 0.04 lot acres
    Off-Market
    Property ID
    US38-1890224
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 267 Main St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.04 lot acres
    Zone code
    HB
    Property type
    Turn key restaurants
    APN
    MALD M:076 B:270 L:003
    APU
    MALDM076B270L003

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 29, 2022 — 269-271 Main Street LLC — Deed · related $1.3M · Rockland Trust Co
    Feb 14, 2022 $600,000 269-271 Main Street LLC Williams Ft Quit Claim Arm's Length For Ne States —
    Dec 15, 2015 — Williams Family Trust Williams Trust Quit Claim Deed · related —
    Jun 2, 2009 $1 Williams RT Williams,lawrence Grant Deed —
    Jun 4, 1991 $160,000 Lawrence Williams Newbury RT Grant Deed $205k · Zenon Grzybowski

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Malden
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0673
    Latitude
    42.4238
    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
    $7,992
    $136,000
    $303,100
    $439,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,834 SF

      59 Eastern Ave

      RESTAURANT
      59 Eastern Ave, Malden, MA 02148
      View Details
    • Value Estimation by Request
      1,908 SF

      187-189 Bch St

      RESTAURANT
      187-189 Bch St, Malden, MA 02148
      View Details
    • Value Estimation by Request
      2,340 SF

      166 Eastern Ave

      RESTAURANT
      166 Eastern Ave, Malden, MA 02148-5604
      View Details
    • Value Estimation
      $540,000
      23,642 SF

      105 Canal St

      RESTAURANT
      105 Canal St, Malden, MA 02148-6701
      View Details
    • Value Estimation by Request
      3,996 SF

      61 Broadway

      RESTAURANT
      61 Broadway, Malden, MA 02148-6001
      View Details
    • Value Estimation by Request
      4,144 SF

      417-421 Main St

      RESTAURANT
      417-421 Main St, Malden, MA 02148
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Malden Convenience Store with Restaurant

      Convenience store with fully equipped restaurant in Malden, MA.
      223 Highland Ave, Malden, MA 02148
      View Details
    • Contact for pricing

      Malden Convenience Store with Restaurant

      2,200 SF convenience store with restaurant for sale.
      223 Highland Ave, Malden, MA 02148
      View Details
    • Contact for pricing

      Malden Convenience Store with Restaurant

      Turnkey convenience store with fully equipped restaurant in Malden, MA.
      223 Highland Ave, Malden, MA 02148
      View Details
    • Contact for pricing

      Turnkey Restaurant in Malden

      Fully equipped restaurant for sale, ready for immediate takeover.
      000 Summer St, Malden, MA 02148
      View Details
    • Contact for pricing
      1,000 SF

      Turnkey Restaurant in Malden

      Fully equipped restaurant for sale, ready for immediate takeover.
      000 Summer St, Malden, MA 02148
      View Details
    • Contact for pricing
      7,000 SF

      Maplewood Square Investment Opportunity

      Four-unit commercial building and two-family home in prime location.
      697-705 Salem St, Malden, MA 02148
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Main Street Storefront Retail Space

      Remodeled storefront retail space on Main Street, approximately 850 SF.
      99 Main St, Malden, MA 02148
      View Details
    • $3,300 /Mo
      850 SF

      Remodeled Retail Space on Main

      Recently remodeled 850 SF storefront retail space on Main Street.
      99 Main Street Park, Malden, MA 02148
      View Details
    • Contact for pricing
      850 SF

      Main Street Storefront Retail Space

      Remodeled 850 SF storefront retail space on Main Street.
      99 Main Street Park, Malden, MA 02148
      View Details
    • Contact for pricing
      900 SF

      Retail Space Near Malden Center

      Retail space near Malden Center T Station available for rent.
      60a Summer St, Malden, MA 02148
      View Details
    • Contact for pricing

      Retail Space Near Malden Center

      Retail space for rent near Malden Center T Station.
      58a Summer St, Malden, MA 02148
      View Details
    • $3,000 /Mo

      Main Street Storefront Retail Space

      Storefront retail space in high-traffic area on Main Street.
      112 Main Street Park, Malden, MA 02148
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    267 Main St, Unit 273
    Malden, MA 02148-6960
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    267 Main St, Malden, MA, 02148
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!