MLS #73477628 image #0
RARE OPPORTUNITY IN MAPLEWOOD SQUARE! ATTENTION INVESTORS AND DEVELOPERS! exceptional opportunity to own a four-unit commercial building along with a two-family home on one lot. The Salem Street commercial building is positioned on a high-traffic, high-visibility corridor, offering excellent exposure and strong rental potential. Ideal for investors seeking attractive income opportunities in a prime location. The two-family home requires major TLC but presents tremendous upside for value-add investors. With improvements, this property offers substantial income and appreciation potential. Multiple possibilities for redevelopment, rental income, or long-term hold in one of the area’s most sought-after neighborhoods. Group showings only.
Current real estate data for Commercial in Malden as of Mar 09, 2026
8
Commercial Listed
41
Avg DOM
432
Avg $ / SqFt
$1,802,375
Avg List Price

Property Details

Price:
$1,799,000
MLS #:
73477628
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
Feb 16, 2026
Finished Sq Ft:
7,000
Total Sq Ft:
7,000
Lot Size:
8,956 sqft / 0.21 acres (approx)
Year Built:
1900

Schools

Interior

Exterior

Roof
Tar/Gravel

Financial

Tax Year
2026

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Property Summary

    697-705 Salem Street Malden MA is a Commercial for sale in Malden, MA, 02148. It is listed for $1,799,000 To schedule a showing of MLS#73477628 at 697-705 Salem Street in Malden, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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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.,…

More About James
697-705 Salem Street
Malden, MA