399 Main StMalden, MA 02148

For Lease
$17/SF/YR View listing
  • Banks
  • 17,281 SF

Property Details for 399 Main St

Year built
1900
Construction
FRAME
Lot size
0.18 AC
Property size (Sq ft)
17,281 SF
Zone code
CB
Property type
Banks
APN
MALD M:075 B:272 L:203
APU
MALDM075B272L203

Description

This iconic 24,000 square foot free-standing building, located at 399 Main Street in Malden, Massachusetts (02148), presents a unique opportunity. Formerly a bank, this four-story structure, built in 1922, boasts 13-foot ceilings and has been fully demolished and abated, offering a blank canvas for a variety of uses. The building is zoned for Central Business and features multiple suites, with a minimum divisible space of 6,000 square feet and a maximum contiguous space of 24,000 square feet. Conveniently located at the intersection of Main and Pleasant Streets, the property benefits from high visibility and proximity to a 45-car municipal parking lot and a 600-car parking garage. An elevator services all four floors, and some outdoor space is available. The building's location is advantageous, adjacent to Malden High School and within the nation's only Gaming District. The property is available for sale, with the potential for subdivision into two 12,000 square foot commercial condominiums. The entire 24,000 square feet is currently vacant. This versatile space is suitable for traditional, creative, or medical office uses, as well as retail or restaurant purposes.

399 Main St, Malden, Massachusetts

Location Insight

City
Malden
County
Middlesex
State
Massachusetts
Latitude
42.4263
Longitude
-71.0669
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
$30,012
$459,400
$1,189,600
$1,649,000
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