Business Opportunity at 223 Highland Ave, Malden MA 02148
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5 photos

$95,000

223 Highland Ave, Malden MA 02148
Malden, MA 02148
Listed by Saad Eltaybany
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2010

About this home

Excellent opportunity to acquire a convenience store with a fully equipped restaurant in a busy and highly visible Malden, MA location. The approximately 2,200 SF space is well configured to support both retail and food service operations, offering flexibility for a variety of business models.The business includes a fully equipped commercial kitchen, allowing a new owner to continue operations as is or rebrand, modify the menu, or optimize inventory to better align with their concept and target market. The layout and infrastructure support multiple cuisines and retail configurations with minimal additional investment.With affordable monthly rent of $3,100, the location provides a strong foundation for future growth. There is meaningful upside potential through operational improvements, refreshed product mix, extended hours, delivery platforms, or branding enhancements.

Property details

MLS
MLS Property Information Network
MLS #
73474025
Property type
Business Opportunity
Subdivision
N/A
Status
Active
Days on market
264
On market date
February 3, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Beebe
0.4 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
935
Student:teacher ratio
13.6:1
District
Malden
Middle
Madeleine Dugger Andrews
1.15 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
458
Student:teacher ratio
10.7:1
District
Medford
High
Malden High
0.89 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,757
Student:teacher ratio
14.1:1
District
Malden

Walkability

Blended score for Malden's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

87
Highly walkable
out of 100
EPA National Walkability Index
15.7 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies11

Market position

How this listing compares to current activity in Malden, from live MLS data.

On the market 264 days -- 177 more days than Malden's current average of 87 days.
For reference, the median list price across 456 active listings in Malden right now is $3,600.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$722/mo
$19,000 down
$76,000 loan
Principal & interest$493
Property tax (est.)$79
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated March 22, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.