Commercial Sale at 62-64 Eastern Ave, Malden MA 02148, Malden
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$1,259,000

62-64 Eastern Ave, Malden MA 02148
Malden, MA 02148
Listed by Rosa DeCastro
Bedrooms
N/A
Bathrooms
N/A
Living area
3,514 sqft
Year built
1910

About this home

Location, location, location! An exceptional opportunity has become available in one of Malden's highest-traffic areas. This commercial property offers excellent proximity to public transportation, including the Malden T Station and major highway routes. The building features 3,514 square feet of finished space on a 4,648 square foot lot and is currently utilized for auto-related repairs and autobody services.

Property details

MLS #
73479670
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
226
On market date
February 24, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.11 acres
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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Ferryway
0.37 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
896
Student:teacher ratio
13.2:1
District
Malden
Middle
Madeleine Dugger Andrews
1.87 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
0.22 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).

97
Highly walkable
out of 100
EPA National Walkability Index
19.0 / 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 226 days -- 146 more days than Malden's current average of 80 days.
For reference, the median list price across 422 active listings in Malden right now is $3,700.

Mortgage calculator

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

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Est. monthly payment
$7,732/mo
$251,800 down
$1,007,200 loan
Principal & interest$6,533
Property tax (est.)$1,049
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 25, 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.