Active

360 Salem St

Medford MA, 02155

$1,500,000


$837.05 per sqft

Active

1,792 sqft

Commercial

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.

73261356

MLS ID

July 8, 2024

Listed

August 23, 2024

Updated

Map

360 Salem St
Medford MA, 02155

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.19 Acres

Other Property Details

Taxes

$3,687


Tax Frequency

Annually


Garage

No


Parking Total

11


View

No


County

Middlesex


Pool

No


Zoning

0

 

Courtesy of Stephen Cefalo, Stephen Cefalo Real Estate

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Data last updated 9:58 AM UTC, 8/23/2024

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