678 Salem St, Malden MA 02148
Malden, MA 02148
$1,500,000
Est. $8,923/month
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About this home
AVAILABLE NOW. Commercial/Retail building for SALE, located at the busy intersections of Lebanon St. and Salem St. Malden, MA. The property consists of two addresses listed as 678 Salem St. and 2 Lebanon St. Malden. See building layout plan for actual sq footage. Ideal location for continued use as an office or retail space. This ideal location has the potential for future development uses working with the City of Malden planning and development. Property is currently vacant with no leases in place and ready for a take over/acquisition. Original family has owned this property for years and are anxious to move on making this a great opportunity for a wide range of potential users. Listing agent available on short notice to show property.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 20, 2026
$1,500,000
Original listing
Agent: Stephen Cefalo
Office: Stephen Cefalo Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/20/2026 | 🏠 Listed for Sale | $1,500,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $13,662 | — |
Financial Details
Annual Property Tax
$13,662
Tax Year 2026
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1935
Living Area
2,840 sq ft
Lot Size
0.13 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Public Sewer
Financial
Annual Tax
$13,662
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Sq. Footage Approximate For Each Unit, Buyers To Perform Their Own Due Diligence.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Middlesex
Property Overview
Listing Type
For Sale
Year Built
1935
Living Area
2,840 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1935
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Malden School District local
B-
School Safety
2024-25
1.6%
Average
1.5%
Suspensions
1.0%
In-School
0.1%
Emergency
3.9% below state avg
Elementary Schools
3 schools
A
Mystic Valley Regional Charter School
0.1 mi
|
#52 of 346
|
Score: 67.0
Dropped 2 spots from last year
+8.8 above state avg
1,698 students
Very Diverse
High Graduation Rate
College Ready Curriculum
Strong Athletics
Diverse Student Body
Grades K-12
D
Salemwood School
0.3 mi
|
#324 of 352
|
Score: 28.9
Dropped 70 spots from last year
-29.4 below state avg
1,033 students
Diverse
Diverse Student Body
Grades K-08
B-
Forestdale School
0.6 mi
|
#185 of 352
|
Score: 41.8
Dropped 12 spots from last year
-16.4 below state avg
539 students
Very Diverse
Diverse Student Body
Grades K-08
Middle Schools
2 schools
C
Susan B. Anthony Middle School
1.7 mi
|
#260 of 352
|
Score: 35.7
Improved 6 spots from last year
-22.5 below state avg
545 students
Diverse
Grades 06-08
C+
Saugus Middle School
2.3 mi
|
#248 of 352
|
Score: 36.3
Improved 63 spots from last year
-21.9 below state avg
616 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
3 schools
Malden Catholic High School
0.5 mi
19 sports
• 2,126 athletes
Strong Athletics
Grades 09-12
C+
Malden High School
1.1 mi
|
#226 of 346
|
Score: 48.9
Improved 72 spots from last year
-9.3 below state avg
1,890 students
Very Diverse
14 sports
• 856 athletes
Early College Program
Rising School
Diverse Student Body
Grades 09-12
C+
Everett High School
1.4 mi
|
#233 of 346
|
Score: 48.1
Improved 42 spots from last year
-10.1 below state avg
2,307 students
Diverse
17 sports
• 1,298 athletes
Rising School
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,139
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
678 Salem St, Malden MA 02148
Malden, MA 02148
Listing Information
Listing Agent
Stephen Cefalo
Listing Office
Stephen Cefalo Real Estate
Office Phone
781-789-5808
Agent MLS ID
B8001252
Office MLS ID
AC1590
Listing Data Updated
Aug 20, 2026 10:27 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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