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 Details

Price:
$899,900
MLS #:
73430957
Status:
Active
Beds:
0
Baths:
1
Address:
358-360 Salem St
Type:
Commercial
City:
Malden
Listed Date:
Sep 15, 2025
State:
MA
Finished Sq Ft:
1,188
Total Sq Ft:
1,188
ZIP:
02148
Lot Size:
1,250 sqft / 0.03 acres (approx)
Year Built:
1950

Schools

Interior

Exterior

Roof
Tar/ Gravel

Financial

Tax Year
2025
Taxes
$4,009

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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358-360 Salem St
Malden, MA