Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    61 Broadway Malden, MA 02148-6001

    • Turn key restaurants
    • 3,996 SF
    • 0.96 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1069609
    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.

    Current Use by Public Records

    • Burger King / Restaurant / Fast Food Restaurant

    Property Details for 61 Broadway

    Year built
    1971
    Construction
    STEEL FRAME
    Lot size
    0.96 lot acres
    Property size
    3,996 SF
    Zone code
    HB
    Property type
    Turn key restaurants
    APN
    MALD M:123 B:486 L:607
    APU
    MALDM123B486L607

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Malden
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0415
    Latitude
    42.4252
    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
    $28,550
    $881,600
    $687,100
    $1,568,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      23,642 SF

      105 Canal St

      RESTAURANT • 23,642 SF
      105 Canal St, Malden, MA 02148-6701
      View Details
    • Value Estimation by Request
      4,144 SF

      417-421 Main St

      RESTAURANT • 4,144 SF
      417-421 Main St, Malden, MA 02148
      View Details
    • Value Estimation by Request
      1,834 SF

      59 Eastern Ave

      RESTAURANT • 1,834 SF
      59 Eastern Ave, Malden, MA 02148
      View Details
    • Value Estimation by Request
      1,908 SF

      187-189 Bch St

      RESTAURANT • 1,908 SF
      187-189 Bch St, Malden, MA 02148
      View Details
    • Value Estimation by Request
      2,340 SF

      166 Eastern Ave

      RESTAURANT • 2,340 SF
      166 Eastern Ave, Malden, MA 02148-5604
      View Details
    • Value Estimation by Request
      19,194 SF

      225 Ctr St

      RESTAURANT • 19,194 SF
      225 Ctr St, Malden, MA 02148-5524
      View Details

    Similar Nearby for Sale

    • $899,900

      Freestanding Retail Building in Malden

      Prime retail space with high visibility and reliable rental income.
      358-360 Salem St, Malden, MA 02148
      View Details
    • $180,000

      Malden Mini Mart For Sale

      Turnkey convenience store in a busy Malden neighborhood.
      000 Salem St, Malden, MA 02148
      View Details
    • Contact for pricing
      8,400 SF

      Malden Retail Building For Sale

      Retail building near downtown Malden and MBTA T Stop.
      77 Commercial St, Malden, MA 02148
      View Details
    • $30,000

      High-End Beauty Spa For Sale

      Fully renovated beauty spa in Malden's commercial district.
      1 Pleasant St, Malden, MA 02148
      View Details
    • Contact for pricing
      24,000 SF

      Iconic Malden Square Building

      24,000 SF Mixed-Use Opportunity
      399 Main St, Malden, MA 02148
      View Details
    • $1,099,900

      Two-Family Home with Auto Garage

      Two-family home with oversized garage near transportation.
      74 Highland Ave, Malden, MA 02148
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      24,000 SF

      Malden Square Office Building

      Iconic downtown Malden office space.
      399 Main St, Malden, MA 02148
      View Details
    • $2,000 /Mo

      Malden Retail Space Available

      Retail space in Malden's West End with open layout.
      258 Highland Ave, Malden, MA 02148
      View Details
    • $1,800 /Mo

      Retail Space Near Malden Center

      Retail space for rent near Malden Center T Station.
      75 Pleasant Street Park, Malden, MA 02148
      View Details
    • Contact for pricing
      2,017 SF

      Retail Space Near MBTA Station

      Street retail space with storage near Malden Center MBTA station.
      190 Pleasant St, Malden, MA 02148
      View Details
    • Contact for pricing
      8,361 SF

      Downtown Malden Retail Center

      Retail center in downtown Malden with high traffic and parking.
      219-229 Centre St, Malden, MA 02148
      View Details
    • Contact for pricing
      8,464 SF

      Malden Office/Medical/Retail/Flex Building

      8,464 SF building suitable for office, medical, retail, or flex.
      270-280 Medford St, Malden, MA 02148
      View Details

    Property Visit Statistics

    • Visits by month
      33.4k
    • Visitors by month
      22.1k
    • Avg Time on site
      14 min
    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.
    61 Broadway
    Malden, MA 02148-6001
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.