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Active

360 Salem St Medford. MA 02155

$1,500,000

Commercial Sale

0 Bedrooms

0 Bathrooms

1,792 sq ft

11 Parking Spots

Built in 1908

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.

This listing has been viewed 18 times in the past 49 days

Last Updated: October 22nd, 2024 at 5:28am

General Information for 360 Salem St, Medford, Massachusetts 02155

Property TypeCommercial Sale

Price$1,500,000

MLS #73261356

List Date2024-07-08

Special Listing ConditionsNo

StateMassachusetts

Street NameSalem St

Unit

CityMedford

Zip Code02155

CountyMiddlesex

MLS Status

AssociationNo

Heat Zones

Sold Date

Building Area Total1792

Building Area Units0

Close Date

Close Price$0

Listing Service

UnparsedAddress360 Salem St, Medford MA 02155

Zoning

Zoning DescriptionLegal Conforming

Business TypeCommercial

Interior Features for 360 Salem St, Medford, Massachusetts 02155

* Approx. Living Area Total1,792 sq ft

MLS Area (Major)

OffMarketDate

Exterior Features for 360 Salem St, Medford, Massachusetts 02155

* Parking Spaces11

* Year Built1908

Year Built Details

Year Built Source

Construction MaterialsNo

Approx. Street Frontage

Utilities

Disclosures for 360 Salem St, Medford, Massachusetts 02155

Buyer Agent Compensation

Contingency

FinancingNo

Disclosures

Documents AvailableNo

MLSPIN_COMP_BASED_ON

MLSPIN_COOP_COMP

MLSPIN_DISCLOSURE

Lead PaintUnknown

Facilitator Compensation

TransactionBrokerCompensationType

BuyerAgencyCompensationType

Financial Information for 360 Salem St, Medford, Massachusetts 02155

Association Fee$0

Association Fee Frequency

Associaton Fee IncludesNo

AssociationNo

Assessed Value

Real Estate Tax$0

Tax Year

Existing Lease Type

OriginalListPrice$1,500,000

Lifestyle Information for 360 Salem St, Medford, Massachusetts 02155

Association AmenitiesNo

Frontage Type

GarageYNNo

Location information for 360 Salem St, Medford, Massachusetts 02155

Marketing History for 360 Salem St, Medford, Massachusetts 02155

MLSPIN_MARKET_TIME_BROKER

MLSPIN_MARKET_TIME_PROPERTY

PurchaseContractDate

Agent Information for 360 Salem St, Medford, Massachusetts 02155

Agent MLS IDB8001252

Office MLS IDAC1590

Buyer Agent MLS ID

Buyer Office MLS ID

Team MembersB8001252

Exclusive Listing Agent

Stephen Cefalo

Stephen Cefalo Real Estate

Agent Phone

(781) 789-5808

Office Phone

(781) 789-5808

Text Agent Call Agent Call Office

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            [name] => LIST_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3075] => Array
        (
            [field_id] => 3075
            [type] => datetime
            [name] => ModificationTimestamp
            [value] => 21/10/2024 07:05:00
        )

[field_3094] => Array
        (
            [field_id] => 3094
            [type] => price
            [name] => SOLD_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3095] => Array
        (
            [field_id] => 3095
            [type] => number
            [name] => STREET_NUM
            [value] => 360
        )

[field_3097] => Array
        (
            [field_id] => 3097
            [type] => text
            [name] => TEAM_MEMBER
            [value] => B8001252
        )

[f_3102] => Array
        (
            [field_id] => 3102
            [type] => feature
            [name] => Waterfront
            [values] => Array
                (
                    [0] => No
                )

)

[field_3118] => Array
        (
            [field_id] => 3118
            [type] => price
            [name] => NOI
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[f_3125] => Array
        (
            [field_id] => 3125
            [type] => feature
            [name] => ROAD_TYPE
            [values] => Array
                (
                    [0] => No
                )

)

[field_3164] => Array
        (
            [field_id] => 3164
            [type] => boolean
            [name] => AvailableNow
            [value] => No
        )

[f_3166] => Array
        (
            [field_id] => 3166
            [type] => feature
            [name] => RENT_FEE_INCLUDES
            [values] => Array
                (
                    [0] => No
                )

)

[field_3168] => Array
        (
            [field_id] => 3168
            [type] => price
            [name] => SEC_DEPOSIT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3171] => Array
        (
            [field_id] => 3171
            [type] => text
            [name] => Office Phone
            [value] => 781-789-5808
        )

[field_3172] => Array
        (
            [field_id] => 3172
            [type] => text
            [name] => Agent Phone
            [value] => 781-789-5808
        )

[field_3178] => Array
        (
            [field_id] => 3178
            [type] => boolean
            [name] => AdditionalParcelsYN
            [value] => No
        )

[field_3183] => Array
        (
            [field_id] => 3183
            [type] => number
            [name] => BuildingAreaTotal
            [value] => 1792
        )

[field_3184] => Array
        (
            [field_id] => 3184
            [type] => select
            [name] => BuildingAreaUnits
            [value] => Square Feet
        )

[f_3188] => Array
        (
            [field_id] => 3188
            [type] => feature
            [name] => CommunityFeatures
            [values] => Array
                (
                    [0] => No
                )

)

[field_3189] => Array
        (
            [field_id] => 3189
            [type] => price
            [name] => ConcessionsAmount
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[f_3190] => Array
        (
            [field_id] => 3190
            [type] => feature
            [name] => ConstructionMaterials
            [values] => Array
                (
                    [0] => No
                )

)

[field_3192] => Array
        (
            [field_id] => 3192
            [type] => number
            [name] => ParkingTotal
            [value] => 11
        )

[f_3195] => Array
        (
            [field_id] => 3195
            [type] => feature
            [name] => CurrentFinancing
            [values] => Array
                (
                    [0] => No
                )

)

[f_3196] => Array
        (
            [field_id] => 3196
            [type] => feature
            [name] => DocumentsAvailable
            [values] => Array
                (
                    [0] => No
                )

)

[f_3198] => Array
        (
            [field_id] => 3198
            [type] => feature
            [name] => DoorFeatures
            [values] => Array
                (
                    [0] => No
                )

)

[field_3200] => Array
        (
            [field_id] => 3200
            [type] => price
            [name] => ElectricExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3205] => Array
        (
            [field_id] => 3205
            [type] => date
            [name] => ExpirationDate
            [value] => 01/01/1900
        )

[field_3206] => Array
        (
            [field_id] => 3206
            [type] => select
            [name] => FarmLandAreaUnits
            [value] => Square Feet
        )

[f_3207] => Array
        (
            [field_id] => 3207
            [type] => feature
            [name] => FinancialDataSource
            [values] => Array
                (
                    [0] => No
                )

)

[field_3216] => Array
        (
            [field_id] => 3216
            [type] => price
            [name] => GrossIncome
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3220] => Array
        (
            [field_id] => 3220
            [type] => price
            [name] => InsuranceExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3222] => Array
        (
            [field_id] => 3222
            [type] => text
            [name] => ListingAgreement
            [value] => Exclusive Right To Sell
        )

[field_3223] => Array
        (
            [field_id] => 3223
            [type] => date
            [name] => ListingContractDate
            [value] => 08/07/2024
        )

[f_3225] => Array
        (
            [field_id] => 3225
            [type] => feature
            [name] => LotFeatures
            [values] => Array
                (
                    [0] => No
                )

)

[field_3226] => Array
        (
            [field_id] => 3226
            [type] => area
            [name] => LotSizeSquareFeet
            [value] => 8,267 Sqft
            [raw] => 8267
            [unit_id] => 1
        )

[field_3230] => Array
        (
            [field_id] => 3230
            [type] => price
            [name] => OperatingExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3231] => Array
        (
            [field_id] => 3231
            [type] => price
            [name] => OriginalListPrice
            [raw] => 1500000
            [unit_id] => 260
            [value] => $1,500,000
            [price_only] => $1,500,000
        )

[f_3238] => Array
        (
            [field_id] => 3238
            [type] => feature
            [name] => SpecialListingConditions
            [values] => Array
                (
                    [0] => No
                )

)

[field_3240] => Array
        (
            [field_id] => 3240
            [type] => text
            [name] => UnparsedAddress
            [value] => 360 Salem St, Medford MA 02155
        )

[field_3241] => Array
        (
            [field_id] => 3241
            [type] => price
            [name] => WaterSewerExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3246] => Array
        (
            [field_id] => 3246
            [type] => text
            [name] => ZoningDescription
            [value] => Legal Conforming
        )

[f_3247] => Array
        (
            [field_id] => 3247
            [type] => feature
            [name] => BusinessType
            [values] => Array
                (
                    [0] => Commercial
                )

)

[field_3248] => Array
        (
            [field_id] => 3248
            [type] => datetime
            [name] => OriginalEntryTimestamp
            [value] => 08/07/2024 21:36:00
        )

[field_3265] => Array
        (
            [field_id] => 3265
            [type] => price
            [name] => MLSPIN_GRE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3266] => Array
        (
            [field_id] => 3266
            [type] => price
            [name] => MLSPIN_HTE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3281] => Array
        (
            [field_id] => 3281
            [type] => price
            [name] => MLSPIN_MGF
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3282] => Array
        (
            [field_id] => 3282
            [type] => price
            [name] => MLSPIN_MSE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3285] => Array
        (
            [field_id] => 3285
            [type] => price
            [name] => MLSPIN_OPTIONAL_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3290] => Array
        (
            [field_id] => 3290
            [type] => price
            [name] => MLSPIN_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3292] => Array
        (
            [field_id] => 3292
            [type] => price
            [name] => MLSPIN_RFS
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3293] => Array
        (
            [field_id] => 3293
            [type] => price
            [name] => MLSPIN_RME
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3301] => Array
        (
            [field_id] => 3301
            [type] => select
            [name] => RoomMasterBathroomFeatures
            [value] => Yes
        )

[field_3303] => Array
        (
            [field_id] => 3303
            [type] => text
            [name] => Co Agent Info
            [value] => [{"id":"B8001252","name":"Stephen Cefalo","phone":
        )

[f_3304] => Array
        (
            [field_id] => 3304
            [type] => feature
            [name] => AssociationAmenities
            [values] => Array
                (
                    [0] => No
                )

)

[f_3305] => Array
        (
            [field_id] => 3305
            [type] => feature
            [name] => TenantPays
            [values] => Array
                (
                    [0] => No
                )

)

[field_3306] => Array
        (
            [field_id] => 3306
            [type] => price
            [name] => GrossScheduledIncome
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3311] => Array
        (
            [field_id] => 3311
            [type] => number
            [name] => BRE_Total_Parking
            [value] => 11
        )

)

EXIT

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