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You are here:
Home Massachusetts Malden Commercial Properties for Sale

358-360 Salem St Malden, MA 02148

81 Days on Boston Pads
2 Photos
$899,900
Type: Commercial
Triple Net Lease (NNN)
1188 Bldg. SQFT
1 Restroom
Parking: N/A
358-360 Salem St
Malden, MA 02148

Property Description

Prime retail opportunity in the heart of Malden, this freestanding one-story building at 358-360 Salem St offers approximately 1,188 sq ft of space on a 0.03-acre lot. Built in 1950, the property is zoned NB (Neighborhood Business), allowing for a variety of commercial uses. With excellent visibility on Salem Street, strong foot and vehicle traffic, and convenient access to public transit and major roadways, the location is ideal for retail or service businesses. A long-term tenant is currently in place, providing reliable rental income and making this property attractive both for investors seeking steady returns and for future owner-occupiers.

Property Overview

Property Information

  • Type: Commercial
  • Location: Legal Non-Conforming
  • MLS ID#: 73430957

Financial

  • Gross Annual Income: 26400
  • Lease Type: Triple Net Lease (NNN)

Building Information

  • Total SQFT: 1188
  • Total Restrooms: 1

Construction & Utilities

  • Utilities: Public Sewer, Public Water

Date Event Price Price/Sq Ft Source
09/19/2025Active$899,900$757MLSPIN
09/15/2025New$899,900$757MLSPIN

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View Breakdown

Map & Resources

Salemwood School

Public Elementary School, Grades: K-8

0.27mi

Malden Early Learning Center

Public Elementary School, Grades: PK

0.42mi

Domino's

Pizzeria

0.42mi

Dunkin'

Donut & Coffee Shop

0.44mi

Pastalina

Italian Restaurant

0.23mi

J&R Restaurant and Bakery

Caribbean Restaurant

0.32mi

WOW Barbecue

Chinese Restaurant

0.33mi

Fresco's Roast Beef & Seafood

Restaurant

0.41mi

Malden Fire Department

Fire Station

0.53mi

Malden Fire Department

Fire Station

0.6mi

Malden Police Station

Police

0.44mi

Anderson Field at Lincoln Commons

Sports Centre. Sports: Baseball

0.43mi

Kirstead Park

Municipal Park

0.21mi

Tarticoff Park

Municipal Park

0.22mi

Lincoln Commons

Municipal Park

0.42mi

Salem Street Laundry

Laundry

0.23mi

Eastern Avenue Mobil

Gas Station

0.38mi

American Nails

Nail Salon

0.32mi

Curl Up & Dye

Hairdresser

0.33mi

Malden Quickstop

Convenience

0.15mi

7-Eleven

Convenience

0.34mi

Salem St @ Cross St

106
108
411
430

0.05mi

Salem St @ Granville Ave

106
108
411
430

0.05mi

Salem St @ Dell St

106
108
411
430

0.14mi

Salem St @ Pierce St

106
108
411
430

0.15mi

468 Salem St opp Dell St

106
108
411
430

0.17mi

Salem St @ Harding Ave

106
108
411
430

0.17mi

Salem St @ Salem Pl

106
108
411
430

0.25mi

420 Eastern Ave

105

0.28mi

Seller's Representative: The Lucci Witte Team, William Raveis R.E. & Home Services
MLS ID#: 73430957

© 2025 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 2025-09-19 03:05:00

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