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230 Salem St Malden, MA 02148

1,872 SF Retail/Office Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
137
This 1,872 square foot commercial building, located at 230 Salem Street in Malden, Massachusetts (zip code 02148), presents a versatile investment opportunity. Situated on a 5,715 square foot lot, this single-story, one-unit building is zoned NB and offers significant potential for a variety of uses. Previously a convenience store, the property currently houses a laundromat with 28 washers and 41 dryers, offering a potential buyer the option to continue this operation or pursue other commercial ventures. The high-traffic location on Salem Street provides excellent visibility and accessibility. The building, renovated in 1974, offers on-site parking for eight vehicles. The property is being sold "as is" and is available for showing. The space could accommodate a single user or be easily converted into multiple leased spaces, suitable for businesses such as salons, offices, or food service establishments. Occupancy is available October 1, 2024. The asking price is available upon request.

Highlights

  • 1,872 SF commercial building for sale at 230 Salem St, Malden, MA 02148.
  • Owner-user investment opportunity with potential for multiple uses, including retail, office, or convenience store.
  • Located on a high-traffic street with on-site parking.
  • Property sits on a 5,715 SF lot and is zoned NB.
  • Building renovated in 1974, currently occupied by a laundromat with an expiring lease.
  • Broker co-op available.

Property Details for 230 Salem St

Property type
Day care centers & nurseries, Retail properties
Square Feet
1,872 SF
Year Renovated
1974
Buildings
1
Stories
1
Units
1

Location Insight

City
Malden
County
Middlesex
State
Massachusetts
Latitude
42.430359964708
Longitude
-71.059330591132

FAQs

What type of property is this?
Day care center & nursery - 1,872 SF Retail/Office Opportunity
Where is the day care center & nursery located?
The property is located at 230 Salem St Malden, MA.
What are key features of this property?
This property features: 1,872 SF commercial building for sale at 230 Salem St, Malden, MA 02148.; Owner-user investment opportunity with potential for multiple uses, including retail, office, or convenience store.; Located on a high-traffic street with on-site parking.
How can I contact the broker?
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230 Salem St
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