REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,500,000
Est. payment | /mo
1,792 SqFt
$ 1,500,000
Est. payment | /mo
1,792 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,792 sqft
Price per Sqft $837
MLS Listing ID 73261356
HOA Y/N false
Year Built 1908
Annual Tax Amount $3,687
Tax Year 2024
Lot Size 8,276 Sqft
Acres 0.19
Property Description
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.
Location
State MA
County Middlesex
Direction Google maps
Exterior
Total Parking Spaces 11
Others
Senior Community false
Listed by Stephen Cefalo Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "