697-705 Salem St Malden, MA 02148

OFF-MARKET

Mixed-use properties

Property ID

US38-Q005141

Built 1900

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RARE OPPORTUNITY IN MAPLEWOOD SQUARE! ATTENTION INVESTORS AND DEVELOPERS! exceptional opportunity to own a four-unit commercial building along with a two-family home on one lot. The Salem Street commercial building is positioned on a high-traffic, high-visibility corridor, offering excellent exposure and strong rental potential. Ideal for investors seeking attractive income opportunities in a prime location. The two-family home requires major TLC but presents tremendous upside for value-add investors. With improvements, this property offers substantial income and appreciation potential. Multiple possibilities for redevelopment, rental income, or long-term hold in one of the area's most sought-after neighborhoods. Group showings only.

Property type Mixed-use properties

Year built 1900

UPID US38-Q005141

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

697-705 Salem St Malden, MA 02148

Malden metro

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6 recent transactions · within 1.5 mi

Comparable in this City

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Mixed-Use Two-Unit Building

Two-unit mixed-use building with an 8-room first-floor medical office and a 2-bedroom apartment upstairs.

290 Ferry St, Malden, MA 02148

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$1,499,000

Church and Parish House

Church property includes a sanctuary with steeple plus a parish house and flexible space for community use.

98 Waite St., Malden, MA 02148

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$525,000

1,048 SF

Renovated Commercial Space Near T-Station

1,048 SF renovated commercial space across from Oak Grove T-station.

1 Glenwood St #6, Malden, MA 02148

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New

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Well-Maintained Office Suite

Well-maintained office suite with all utilities included and convenient access to major roadways and public transportation.

67 Maplewood Unit 120, Malden, MA 02148

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New

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2,753 SF

Renovated Office Suites with Covered Parking

Office suites with updated shared areas, covered parking, and convenient access to downtown amenities and transit.

14 Summer Street, Malden, MA 02148

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$1,399,000

7,000 SF

Four-Unit Retail Building and Duplex

Mixed-use income property combining a four-unit retail building with a two-family home on one lot.

697-705 Salem Street, Malden, MA 02148

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Similar Nearby for Sale

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Mixed-Use Two-Unit Building

Two-unit mixed-use building with an 8-room first-floor medical office and a 2-bedroom apartment upstairs.

290 Ferry St, Malden, MA 02148

View Details
$1,499,000

Church and Parish House

Church property includes a sanctuary with steeple plus a parish house and flexible space for community use.

98 Waite St., Malden, MA 02148

View Details
$525,000

1,048 SF

Renovated Commercial Space Near T-Station

1,048 SF renovated commercial space across from Oak Grove T-station.

1 Glenwood St #6, Malden, MA 02148

View Details
New

Contact for pricing

Well-Maintained Office Suite

Well-maintained office suite with all utilities included and convenient access to major roadways and public transportation.

67 Maplewood Unit 120, Malden, MA 02148

View Details
New

Contact for pricing
2,753 SF

Renovated Office Suites with Covered Parking

Office suites with updated shared areas, covered parking, and convenient access to downtown amenities and transit.

14 Summer Street, Malden, MA 02148

View Details
$1,399,000

7,000 SF

Four-Unit Retail Building and Duplex

Mixed-use income property combining a four-unit retail building with a two-family home on one lot.

697-705 Salem Street, Malden, MA 02148

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Similar Nearby for Lease

$1,500/Mo

260 sqft

Salon Suites Near Malden Center

Salon suites for rent near Malden Center T Station.

75 Pleasant Street #109, Malden, MA 02148

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$700/Mo

Professional Office Suite

Office suite in Malden with a flexible layout and ample natural light, suited for a range of professional uses.

75 Pleasant, #308, Malden, MA 02148

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$4,500/Mo

Storefront Retail Space with Storage

Front window wall, central air, and pylon signage support a customer-facing retail layout.

888 Eastern Ave. 5, Malden, MA 02148

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New

$7,000/Mo

3,250 sqft

Auto Shop with Two Garage Bays

Flexible auto and contractor space with two garage bays, gas heat, and parking for five cars.

1-11 Marlboro St, Malden, MA 02148

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3,000 sqft

Retail/Office Space with Major-Corridor Access

3,000 SF retail/office space off US Route 1 and Route 99 with strong daily visibility from Route 1.

27 Osprey Rd, Saugus, MA 02148

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New

$1,000/Mo

355 sqft

Pleasant Street Office Spaces Available

Office spaces for rent near Malden Center T Station.

75 Pleasant Street #339, Malden, MA 02148

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