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    399 Main St Malden, MA 02148
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    Property profile & analytics

    399 Main St, Malden, MA 02148

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    • Banks
    • 17,281 SF
    • 0.18 lot acres
    Iconic Malden Square Building For Sale For Sale
    $3,200,000
    23,900 SF

    Iconic Malden Square Building For Sale

    24,000 SF freestanding building in downtown Malden.

    399 Main St, Malden, MA 2148
    View Listing
    Property ID
    US38-1117685
    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

    • Citizens Bank ATM / Atm
    • Medford Bank / Bank / Loan Service
    • Citizens / Atm

    Property Details for 399 Main St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.18 lot acres
    Zone code
    CB
    Property type
    Banks
    APN
    MALD M:075 B:272 L:203
    APU
    MALDM075B272L203

    Description

    This iconic 24,000 square foot free-standing building, located at 399 Main Street in Malden, Massachusetts (02148), presents a unique opportunity. Formerly a bank, this four-story structure, built in 1922, boasts 13-foot ceilings and has been fully demolished and abated, offering a blank canvas for a variety of uses. The building is zoned for Central Business and features multiple suites, with a minimum divisible space of 6,000 square feet and a maximum contiguous space of 24,000 square feet. Conveniently located at the intersection of Main and Pleasant Streets, the property benefits from high visibility and proximity to a 45-car municipal parking lot and a 600-car parking garage. An elevator services all four floors, and some outdoor space is available. The building's location is advantageous, adjacent to Malden High School and within the nation's only Gaming District. The property is available for sale, with the potential for subdivision into two 12,000 square foot commercial condominiums. The entire 24,000 square feet is currently vacant. This versatile space is suitable for traditional, creative, or medical office uses, as well as retail or restaurant purposes.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,405,000
      ML approach
      $1,410,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Malden
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0669
    Latitude
    42.4263
    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
    $30,012
    $459,400
    $1,189,600
    $1,649,000
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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