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.
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Last Checked: January 15th, 2025 at 5:20am (Source: MLS PIN #73261356)
General Information for 360 Salem St, Medford MA 02155
Listing ID73261356
Property TypeCommercial Sale / Commercial
Price$1,500,000
Style
CityMedford
CountyMiddlesex
MLS Area
Neighborhood(s)
Garage Parking
Zoning0
AssociationNo
Year Built1908
Year Built Source
Year Renovated
Year Built Details
Handicap Access / FeaturesNo
Energy Features
Disclosures for 360 Salem St, Medford MA 02155
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Senior CommunityNo
Special Listing Conditions
For Sale By OwnerNo
Exclusions
Disclosures
Title 5
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Contact Information for 360 Salem St, Medford MA 02155