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399 Main St

24,000 SF 100% Leased Retail Building Malden, MA 02148 £3,180,372 (£133/SF)

INVESTMENT HIGHLIGHTS

  • Heavy daytime foot traffic.

EXECUTIVE SUMMARY

Opportunity Zone property. Iconic free-standing Malden Square building in the heart of downtown available for sale or lease. 24,000 sq ft former bank building with 3 full levels plus a finished lower level with high ceilings throughout. With the exception of the bank safe the interior has been fully demo'd and abated, so is a blank slate currently. The building is adjacent to a 45 car municipal parking lot and a block away from a 600 car parking garage. Great visibility with location at the gateway to downtown Malden and directly at the intersection of Main St and Pleasant St. Full 24K sq ft building available with potential subdivision as small as 5K sq ft. All four levels are served by an elevator. Some outdoor space is available for patio seating. Across the street from Malden High School and part of the nation's only Gaming District.
https://www.maldengamingdistrict.com
Potential to subdivide and sell as two separate commercial condo's of 12K SF each.

ATTACHMENTS

Malden - 399 Main brochure

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
24,000 SF
Building Class
C
Year Built
1900
Price
£3,180,372
Price Per SF
£133
Percent Leased
100%
Number of Floors
4
Building FAR
3.06
Lot Size
0.18 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
CB - Central business district
Parking
645 Spaces (26.88 Spaces per 1,000 SF Leased)
Frontage
69 ft on Main St

AMENITIES

  • 24 Hour Access
  • Bus Route
  • Signalised Intersection

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 2nd Floor
  • 6,000 SF
  • Office/Retail
  • -
  • 90 Days
  • 3rd Floor
  • 6,000 SF
  • Office/Retail
  • -
  • 90 Days
  • 3rd Floor
  • 6,000 SF
  • Office/Retail
  • -
  • 90 Days
  • 4th Floor
  • 6,000 SF
  • Office/Retail
  • -
  • 90 Days
Space Size Space Use Position Available
2nd Floor 6,000 SF Office/Retail - 90 Days
3rd Floor 6,000 SF Office/Retail - 90 Days
3rd Floor 6,000 SF Office/Retail - 90 Days
4th Floor 6,000 SF Office/Retail - 90 Days

2nd Floor

Size
6,000 SF
Space Use
Office/Retail
Position
-
Available
90 Days

3rd Floor

Size
6,000 SF
Space Use
Office/Retail
Position
-
Available
90 Days

3rd Floor

Size
6,000 SF
Space Use
Office/Retail
Position
-
Available
90 Days

4th Floor

Size
6,000 SF
Space Use
Office/Retail
Position
-
Available
90 Days
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Walk Score®
Walker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Bank of America
Rent-A-Center
Citizens Bank
The YMCA
Starbucks
110 Grill
Stop & Shop
Eastern Bank
Crunch
RBC Royal Bank

PROPERTY TAXES

Parcel Number MALD-000075-000272-000203 Improvements Assessment £890,568
Land Assessment £387,387 Total Assessment £1,277,955

PROPERTY TAXES

Parcel Number
MALD-000075-000272-000203
Land Assessment
£387,387
Improvements Assessment
£890,568
Total Assessment
£1,277,955
(617) 548-5565

CONTACTS

  • Listing ID: 31966053

  • Date on Market: 30/05/2024

  • Last Updated:

  • Address: 399 Main St, Malden, MA 02148

The Malden Center Retail Property at 399 Main St, Malden, MA 02148 is currently available. Contact Pondfield Commercial Group, LLC for more information.

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399 Main St, Malden, MA for sale Building Photo- Image 1 of 13
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399 Main St, Malden, MA for sale Building Photo- Image 2 of 13
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399 Main St, Malden, MA for sale Building Photo- Image 3 of 13
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399 Main St, Malden, MA for sale Building Photo- Image 4 of 13
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399 Main St, Malden, MA for sale Interior Photo- Image 5 of 13
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399 Main St, Malden, MA for sale Interior Photo- Image 6 of 13
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399 Main St, Malden, MA for sale Interior Photo- Image 7 of 13
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399 Main St, Malden, MA for sale Interior Photo- Image 8 of 13
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399 Main St, Malden, MA for sale Interior Photo- Image 9 of 13
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399 Main St, Malden, MA for sale Building Photo- Image 10 of 13
Building Photo
399 Main St, Malden, MA for sale Building Photo- Image 11 of 13
Building Photo
399 Main St, Malden, MA for sale Plat Map- Image 12 of 13
Plat Map

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399 Main St
(617) 548-5565 x

399 Main St

1/2

Michael Chapin

(617) 548-5565

(617) 548-5565

Jason Madden

(781) 389-1090

(781) 389-1090

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