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    FOR LEASE
    Retail space

    393 Main St, Medford, MA 02155

    6,903 SF 0.18 ac lot Built 1950
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US38-1491235
    Property summary
    AI-generated overview

    This exceptional commercial property, situated at 393 Main Street in Medford, Massachusetts, presents a unique investment opportunity. Located near the intersection of Main and Harvard Streets, this high-traffic area ensures excellent visibility and accessibility. The property boasts a substantial single-story building currently configured as two storefronts, offering immediate income potential. The building comprises a spacious 6,903 square foot first floor and a 4,797 square foot basement, providing ample space for a variety of uses. The sizable 7,676 square foot lot (0.18 acres) offers significant potential for redevelopment or new construction. Its prime location offers easy access to public transportation, with close proximity to the MBTA Green Line and a half-mile from Route 93, ensuring convenient commutes for employees and customers. The property is zoned Commercial (C-1), opening doors to a wide range of development possibilities. This versatile property is ideal for savvy investors seeking a strong foothold in a thriving Medford location, offering both immediate income and long-term growth potential. The combination of existing commercial space and significant redevelopment potential makes this a truly unique opportunity. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1950
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 6,903 SF
    Lot 0.18 ac (7,676 SF)
    APN MEDF M:V-09 B:0040
    UPID US38-1491235
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Roshankish Krav Maga Training Center Sports School
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $955k
    Owner & transaction history
    Roshankish Martial Arts C · 3 yrs held
    Roshankish Martial Arts C
    since 2023
    5 recorded transactions
    2023
    2021
    2019
    2014
    $1.0M
    2002
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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