For Sale
$1,500,000

360 Salem St Medford, MA 02155

High-Income Office Building in Medford, MA

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional Medford, MA office building presents a lucrative investment opportunity. Priced at $1,500,000, the property boasts three commercial spaces, two currently leased with multi-year contracts. One leased space is an 880 sq ft professional office generating $2,000+ monthly, and the other is a 992 sq ft hair stylist space also producing $2,000+ monthly. The third space, a 1914 sq ft owner/contractor office, includes 750 sq ft of enclosed rear storage. This versatile space offers potential for additional leasing or owner use. The property features eleven parking spaces, potentially gated, and includes two large (8'x40') materials storage trailers. Conveniently located near Boston and Route 93, this income-producing property offers easy access to major transportation routes. Owner financing is available. This is a rare opportunity to acquire a well-established, high-income-generating commercial building in a desirable location within the Boston Metro area, where affordable contractor spaces are becoming increasingly scarce.

Highlights

  • $1,500,000 Medford, MA office building offering lucrative investment opportunity.
  • Three commercial spaces, two currently leased with multi-year contracts generating $2,000+ monthly each.
  • One vacant 1914 sq ft space with 750 sq ft of rear storage, ideal for leasing or owner use.
  • Eleven parking spaces, potentially gated, plus two large storage trailers.
  • Excellent Boston Metro location near Route 93; owner financing available.

Property Details for 360 Salem St

Property type
Office properties

Location Insight

City
Medford
County
Middlesex
State
Massachusetts
Latitude
42.42187558
Longitude
-71.09553553
360 Salem St, Medford, Massachusetts

FAQs

What type of property is this?
Office property - High-Income Office Building in Medford, MA
Where is the office property located?
The property is located at 360 Salem St Medford, MA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: $1,500,000 Medford, MA office building offering lucrative investment opportunity.; Three commercial spaces, two currently leased with multi-year contracts generating $2,000+ monthly each.; One vacant 1914 sq ft space with 750 sq ft of rear storage, ideal for leasing or owner use.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
360 Salem St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message