Skip To Content

360 Salem St

Medford, MA 02155
  • $1,500,000
  • STATUS: Active
  • MLS #: 73261356
UPDATED: 92 min ago
$1,500,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,792
    SQFT
  • $837
    $/SQFT
Type:
Commercial
Built:
1908
County:

School Ratings & Info

Listing courtesy of Stephen Cefalo of Stephen Cefalo Real Estate.

Description

DEVELOPERS TAKE NOTE! - A great housing development opportunity not to be missed, situated in Medford and close to Rte. 93. Property consists of 8,267 SF of a commercially zoned parcel located on Salem St. along major bus routes. This ideal location has the potential for 16+ units of housing once approvals have been secured through the City of Medford. Currently the property consists of a one story masonry 1,792 SF building with 2 commercially active TAW leases having a combined monthly income over $4,400.00. It is important to note that the Seller will work with developer(s) to allow for necessary permitting time-lines to be secured.

Monthly Payment Calculator



The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-07-24T10:05:18.01.
www.maloneypropertiesrealestate.com/homes/152401241
Print Image

360 Salem St Medford, MA 02155

  • Price: $1,500,000
  • Status: Active
  • On Site: Days
  • Updated: 92 min ago
  • MLS #: 73261356
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1,792
SQFT
$837
$/SQFT
1908
Built
County:
Middlesex
Property Description
DEVELOPERS TAKE NOTE! - A great housing development opportunity not to be missed, situated in Medford and close to Rte. 93. Property consists of 8,267 SF of a commercially zoned parcel located on Salem St. along major bus routes. This ideal location has the potential for 16+ units of housing once approvals have been secured through the City of Medford. Currently the property consists of a one story masonry 1,792 SF building with 2 commercially active TAW leases having a combined monthly income over $4,400.00. It is important to note that the Seller will work with developer(s) to allow for necessary permitting time-lines to be secured.
Exterior Features

Parking Total 11 Waterfront YN No

Interior Features

Building Area Total 1792

Property Features

Association YN No Business Type Commercial Buyer Agency Compensation 1.5% Home Warranty YN No Senior Community YN No Tax Annual Amount 3687 Tax Year 2024 Transaction Broker Compensation 0 Zoning 0

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Stephen Cefalo of Stephen Cefalo Real Estate: 781-789-5808.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-07-24T10:05:18.01.
 
https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_73261356_2.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_73261356_2.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_73261356_2.jpg
Logo
Maloney Properties Real Estate Brokerage
27 Mica Lane 3rd Floor
Wellesley MA, 02481
Listing courtesy of Stephen Cefalo of Stephen Cefalo Real Estate.