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283-289 Salem St, Malden MA 02148

Commercial Sale

Great opportunity to acquire 283–289 Salem Street in Malden, a strategically located 3-unit commercial property offering an attractive combination of existing income potential, established retail presence, and long-term upside. The property currently has 2/3 units leased. Unit #283 was gut renovated in 2024 and is currently vacant (coffee shop) last rent was $2000/month, Unit 285-287 is a double wide unit renovated in 2023 and currently leased to a beauty salon paying $2500/month, Unit 289 is currently leased to a cell phone sales and repair shop paying $2200/month. This property is an excellent opportunity for an owner-user, investor, or entrepreneur seeking a property with an existing business environment. Positioned along Salem Street, the property benefits from strong neighborhood visibility and convenient access to Malden's surrounding residential and commercial areas. The location provides an ideal setting for a variety of retail, food-service, professional, and other commercial uses, subject to applicable zoning and permitting. **Buyer & Buyers Agent responsible for their own due diligence in confirming accuracy of information provided, permitting and licenses**

This home has been viewed 4 times

Last Checked: October 7th, 2026 at 8:38pm (Source: MLS PIN #73587560)

General Information for 283-289 Salem St, Malden MA 02148

Listing ID73587560

Property TypeCommercial Sale / Commercial

Price$1,199,999

Style

CityMalden

CountyMiddlesex

Neighborhood(s)

ZoningNB

Year Built1900

Disclosures for 283-289 Salem St, Malden MA 02148

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Special Listing Conditions

ExclusionsSellers Personal Property.

Compensation Based On

Contact Information for 283-289 Salem St, Malden MA 02148

Agent

Name: Walace Nogueira

Office

Name: Fellsway Realty, LLC

Phone: 617-780-9748

Team Members

Exclusive Listing Agent

Fellsway Realty, LLC

Walace Nogueira

Agent Phone

Office Phone

(617) 780-9748

Text Agent Call Agent Call Office

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EXIT

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