Malden, MA Commercial Real Estate for Sale and Lease

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What to Expect

With a population of around 90,000, this Middlesex County city, which is five miles north of Boston, is large enough to offer a diverse array of commercial real estate options. These include everything from office space to industrial space to retail space. Whether you own a business or are an investor, our listings make it easy to find the perfect thing.

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Commercial investors recognize that high urban density is an excellent precursor to profitable developments, which is partly why this town of 60,840 sited on only 5.1 square miles of land provides such an excellent opportunity. Located in Middlesex County, Massachusetts, this city is only five miles north of Boston, making the land here highly desirable and accessible to a variety of cultural, civic, and large metropolitan benefits.

About 30 small parks are scattered throughout the city, although the primary green space and recreation area in this city is the Middlesex Fells Reservation, which also occupies parts of the adjoining towns of Stoneham, Medford, Winchester, and Melrose. With 2,200 acres of trees, brooks, hiking and biking trails, the Fells offers activities as diverse as horseback riding, picnicking, and seasonal kayaking across Spot Pond. Additionally, a publicly accessible synthetic running track exists at MacDonald Stadium.

Visitors can reach this town by car by taking Route 99, Route 28, Route 1 and Route 60. Alternatively, visitors can also use the MBTA Commuter Rail line stop at Malden Center Station, or take the orange line subway from downtown Boston. Bus service throughout the area is provided by the MBTA.

Commercial properties occasionally come up for lease or sale, offering developers a chance at creating a new project in one of the most valuable tracts of land in the Greater Boston Area. A 0.37 to 0.73 acre lot in the heart of downtown is currently available for lease as a retail, hotel, R&D or other redevelopment project. Located at 11 Charles Street, the estimated rent for this property has not been named.

Office Space Market

The town is largely comprised of a mixture of refurbished older structures and recent multi-story developments. In each case, the sale or lease of office space in this city is competitive. The property at 94-106 Pleasant Street takes full advantage of its late modernist architecture, featuring a central atrium with skylights that faintly recall the astonishing ceiling at the Johnson Wax Headquarters designed by Frank Lloyd Wright. Built in 1965, this building also comes with onsite parking, which is a rarity in downtown. Located only 0.4 miles from the Malden Center Station, the building is highly accessible and located across the street from the Massachusetts Education Department office building. With 25,480 total square feet, the building offers suites varying in size from 3,500 square feet to 8,200 square feet on its three floors. The estimated rent for this space has not been released.

The brick building at 380 Pleasant Street features large welcoming archways that frame both the entrance and the big windows on the ground floor. The interior offers carpeted hallways and numerous private offices with windows, as well as conference room space. Built in 1925, the building has been renovated and has a total leasable area of 27,630 square feet. Located in the center of downtown only 0.2 miles from Malden Center Station, this structure features offices that can be configured to be medical office spaces or general office spaces. The estimated rent for this property is $1.67 per square foot per month.

The colorful circular building at 1 Salem Street addresses its corner lot with sophistication. Featuring a green and white color scheme with enormous floor to ceiling windows on both the ground floor and the upper stories, this distinctive building extends its beautiful decor scheme to the interior offices. Bright, naturally lit interiors feature meticulous detailing both in the shared hallways and in the private offices. Elegant rugs are laid out on hardwood hallways, which are lit by brass-lined hanging light fixtures. A modern kitchen gives way to a beautiful, acoustically engineered conference room. Built in 1900, the building’s total 15,825 square feet of space is divided into smaller suites, ranging in size from 720 square feet to 5,275 square feet. The estimated rent for this space is $1.67 to $2.50 a square foot per month.

Retail Space Market

The majority of retail spaces in this city are located in dense urban areas in close proximity to other shops and commercial regions. The property at 65 Cross Street is located in a four story structure that features a brick base, enormous bay windows on the second and third floors, and balconies. Sited on a tree-lined street, the newly renovated property has 1,335 square feet for lease on the first floor, which includes a canopy over the entrance and two large display windows. The estimated rent for this property is $1.13 a square foot per month.

The property at 75 Broadway is located off Route 99 and is currently configured for a fast food tenant. With 3,462 square feet of gross leasable area, the building was built in 2004 and has a drive through window for easy distribution of goods. The property is 2.2 miles from the MBTA Commuter Rail line, and has not disclosed the cost of estimated rent.

The 7,340 square foot property at 60 Pleasant Street is located in the heart of downtown and has several stories of potential retail space, including a ground floor unit that welcomes pedestrians off the street. The upper story features decorative brick work details from the period. Built in 1900, the property has been refurbished and features individual business signage. The estimated rent for this property is $1.50 per square foot per month.

Those who are seeking ample amounts of onsite parking for their retail space should investigate the property at 270-280 Medford Street, which takes the form of a retail complex with a signature diamond-shaped tower. Built in 1970, this lot is located at the intersection of Commercial and Medford Streets, and can be used for general retail, restaurant, and even medical office space, depending on tenant needs. With 8,464 square feet of leasable space, the estimated rent for this recently renovated space is $2.08 per square foot per month.

The property at 188 - 190 Salem Street is a centrally located storefront retail structure with a brick exterior and block windows that create a wraparound entryway. Built in 1900, this building is 0.9 miles from the MBTA Commuter Rail line, and has 1,680 square feet of space with different sized units available. A unit of 500 square feet recently came up for lease. The property also has basement storage, and has an estimated rent of $2.40 a square foot per month.

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