NE Provenance

240 Commercial St

Malden, MA 02148

Industrial
Owner
Pia...
Owner Type
LLC
Tenure
2 yrs
Assessed
$8,276,200
Built
1978
Sq Ft
59,597
Lot
3.64 ac
Bed/Bath
—
Type
Industrial
Elevated Risks19ConditionC3Fire GradeAPermits1Last PermitNov 2016FloodXSurgeCat 1

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240 Commercial St, Malden, MA 02148— Property Report

Building& Property Details

240 Commercial St is a Manufacturing industrial built in 1978 located in Malden, MIDDLESEX County, MA. The building has 59,597 square feet of building area on a 3.64-acre lot.

Flood Zone & Natural Hazard Assessment

240 Commercial St is in FEMA flood zone X. Zone X is outside the Special Flood Hazard Area, meaning the property has minimal flood risk according to FEMA mapping. The property falls within a Category 1 hurricane storm surge inundation zone based on NOAA SLOSH modeling. The FEMA National Risk Index composite rating for this area is Relatively Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 40 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 240 Commercial St at Grade A (Excellent fire protection access). The nearest fire station, MALDEN FIRE DEPARTMENT, is 0.5 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

Municipal records show 1 building permit on file for 240 Commercial St. The most recent permit was filed November 16, 2016. The current municipal assessment is $8,276,200, with $4,118,600 attributed to land and $4,157,600 to improvements. The property last sold on September 26, 2023 for $1.

MaldenNeighborhood & Community

240 Commercial St is located in Malden, MIDDLESEX County, MA. The property is zoned I-II (Industrial II). The median home value in this census tract is $621,600. Median household income is $68,946. The owner-occupancy rate in the surrounding area is 4%. The property is served by the Malden school district.

Full Property Intelligence Report

The complete NE Provenance report for 240 Commercial St, Malden, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.