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You are here:
134 Days on Boston Pads
6 Photos
$1,500,000
Type: Commercial
Lease Type N/A
1792 Bldg. SQFT
Restrooms: N/A
Parking: N/A
360 Salem St
Medford, MA 02155

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.

Property Overview

Property Details click or tap to expand

Property Information

  • Type: Commercial
  • Location: Legal Conforming
  • MLS ID#: 73261356

Building Information

  • Total SQFT: 1792

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
10/21/2024Active$1,500,000$837MLSPIN
10/17/2024Extended$1,500,000$837MLSPIN
08/20/2024Active$1,500,000$837MLSPIN
07/08/2024New$1,500,000$837MLSPIN

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View Breakdown

Map & Resources

Franklin School

School

0.17mi

Milton Fuller Roberts School

Public Elementary School, Grades: PK-5

0.19mi

Swan Elementary School

Grades: 1-6

0.35mi

Saint Francis School

School

0.39mi

St Francis Of Assisi Elem

Private School, Grades: K - 8

0.4mi

New England Baptist Church

Cafe

0.28mi

Eddy's Place

Pizzeria

0.14mi

Medford Fire Department

Fire Station

0.18mi

Hickey Park

Municipal Park

0.22mi

Morrison Playground

Municipal Park

0.27mi

Logan Park

Municipal Park

0.27mi

Gillis Field

Municipal Park

0.35mi

Middlesex Fells Reservation

State Park

0.39mi

Washington Place Park

Park

0.45mi

McNally Playground

Municipal Park

0.46mi

Magoun Park

Municipal Park

0.47mi

Citizens Bank

Bank

0.23mi

Brookline Bank

Bank

0.34mi

Nina Nails

Nails, Spa

0.3mi

King Petroleum-Tony's Auto

Gas Station

0.03mi

Stevo Auto Repair

Gas Station

0.03mi

King Petroleum

Gas Station

0.18mi

FellsWay Gas and Services

Gas Station

0.25mi

Sunoco

Gas Station

0.36mi

Walgreens

Pharmacy

0.35mi

Target

Department Store

0.36mi

Sunny Corner Variety

Convenience

0.31mi

Salem St @ Almont St

101
95

0.02mi

Salem St @ Garfield Ave

101
95

0.05mi

Salem St @ Dudley St

101
95

0.08mi

390 Salem St

101
95

0.09mi

Salem St @ Paris St

101
95

0.1mi

Salem St @ Grant Ave

101
95

0.17mi

Salem St @ Grant Ave

101
95

0.18mi

Salem St @ Park St

101
95

0.19mi

Seller's Representative: Stephen Cefalo, Stephen Cefalo Real Estate
MLS ID#: 73261356

© 2024 MLS Property Information Network, Inc.. All rights reserved.

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.

MLS PIN data last updated at 2024-10-21 03:05:00