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    83 Newbern Ave Medford, MA 02155-6430

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    83 Newbern Ave Medford, MA 02155-6430


    • Showrooms
    • 3,080 SF
    • 0.09 lot acres
    Off-Market
    Property ID
    US38-1902904
    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
    $525,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Showrooms

    Property Details for 83 Newbern Ave

    Year built
    1968
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.09 lot acres
    Property size
    3,080 SF
    Property type
    Showrooms
    APN
    MEDF M:X-08 B:0040
    APU
    MEDFMX08B0040

    Description

    This exceptional Medford, MA property at 83 Newbern Avenue offers a unique blend of office and garage space, ideal for a variety of businesses. The 5,480 square foot building is currently entirely vacant and available immediately. Comprising two structures, the property features a generous 2,400 square foot minimum divisible space, allowing for flexibility in tenant needs, up to a maximum contiguous space of 5,480 square feet. The building boasts a desirable 10-12 foot ceiling height. The space is divided approximately 50/50 between finished office space and open garage area. The office area includes four private offices, a reception area, and two restrooms, along with kitchenettes for added convenience. Access to the garage is provided by two drive-in doors, one measuring 11 feet high, and another 10 feet high. The property also includes five total parking spaces. Importantly, the property is zoned GR and located in Middlesex County, situated at the end of a quiet dead-end street. Note that this property is not suitable for auto repair businesses. This versatile property presents a rare opportunity to secure a well-appointed office and garage space in a desirable location. The combination of office and garage space makes it suitable for a variety of uses, offering significant potential for a discerning tenant.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $760,000
      Current use
      AUTO REPAIR, GARAGE
      $865,000
      Change: +14% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $855,000
      Change: +12% Conversion: Difficult
      RETAIL STORES
      $830,000
      Change: +9% Conversion: Easy
      OFFICE BUILDING
      $695,000
      Change: -9% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1108
    Latitude
    42.4
    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
    $9,009
    $340,600
    $208,400
    $549,000
    -
    $0.00
    $0.00
    $0.00
    More about this property
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