INNOVATE Real Estate
Commercial Sale at 700-714 Salem Street, Malden MA 02148, Malden
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33 photos

$1,900,000

700-714 Salem Street, Malden MA 02148
Malden, MA 02148
Listed by Rajive Dogra
Bedrooms
N/A
Bathrooms
N/A
Living area
10,291 sqft
Year built
1920

About this home

Rare offering of this 10,291 sq.ft building located on desirable Maplewood Square with just over 12,000 sq.ft. of land. Commercial property on level lot for sale in high traffic area. Building offers 7 street-level store fronts : long term tenants several with over 10 years in business- all units presently leased. Actual configuration includes: open concept storefront, eye doctor, personal trainer, restaurant, barbershop and place of worship services. Separate rear hallway connected - most access via front/rear doors. Also has large open basement, plus all separate utilities gas heat systems and circuit breaker electrical systems. Easily accessible location offers great visibility and exceptionally easy access to Routes 99, 60 & more. Very large and spacious in well maintained condition.

Property details

MLS
MLS Property Information Network
MLS #
73589776
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
1
On market date
October 12, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.28 acres

Location

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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
Salemwood
0.29 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
934
Student:teacher ratio
11.3:1
District
Malden
Middle
Susan B. Anthony Middle School
1.62 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
Malden High
1.07 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).

88
Highly walkable
out of 100
EPA National Walkability Index
16.0 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks18
Schools16
Transit stops20
Pharmacies6

Market position

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

On the market 1 days -- 81 fewer days than Malden's current average of 82 days.
For reference, the median list price across 435 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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Adjust tax / insurance estimates
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Est. monthly payment
$11,592/mo
$380,000 down
$1,520,000 loan
Principal & interest$9,859
Property tax (est.)$1,583
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 18 hr 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.