Commercial Sale at 98 Waite St., Malden MA 02148, Malden
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38 photos

$1,499,000

98 Waite St., Malden MA 02148
Malden, MA 02148
Listed by Martin Tokos
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1950

About this home

A rare piece of Malden history is now for sale. For generations, First Lutheran Church has been a landmark in the community. Over the years, the property has grown to include a beautiful sanctuary, steeple, and parish house—reflecting decades of care and tradition.Now, this unique church property and home are for sale, offering an exceptional opportunity for its next chapter. With flexible space already in place, it provides room to continue and expand use for worship, Sunday School, community gatherings, meetings, and more.

Property details

MLS #
73546978
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
93
On market date
July 8, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.17 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
Linden
0.39 mi away · Grades 0-8
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
787
Student:teacher ratio
11.9:1
District
Malden
Middle
Susan B. Anthony Middle School
1.35 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
564
Student:teacher ratio
11.1:1
District
Revere
High
Everett High
1.18 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
2,091
Student:teacher ratio
13.2:1
District
Everett

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).

79
Walkable
out of 100
EPA National Walkability Index
12.8 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks18
Schools20
Transit stops20
Pharmacies6

Market position

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

On the market 93 days -- 13 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
$9,177/mo
$299,800 down
$1,199,200 loan
Principal & interest$7,778
Property tax (est.)$1,249
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 3 days ago.

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.