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Embrace Pathways To Wellness LLC Purchases Office Condo At 389 Main Street In Malden For $1.1M

Property Image
SOLD
$1,100,000
Bernard Gibbons
Ana Oliveira

Massachusetts

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Office6,868 SF
Sold 08/15/2025
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Property Image
SOLD

Embrace Pathways To Wellness LLC Purchases Office Condo At 389 Main Street In Malden For $1.1M

389 Main Street

See Similar Deals
Office6,868 SF
Sold 08/15/2025
Bernard Gibbons
Ana Oliveira
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$160
Total Square Footage:6,868 SF
Transaction Type:Sale

A full-floor office condo located at 389 Main Street in Malden, MA, was sold for $1,100,000. The asset encompasses 6,868 square feet, translating to a price per square foot of $160.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $1,100,000
  • Buyer: Embrace Pathways to Wellness LLC
  • Seller: Aphli LLC
  • Brokers: Ana Oliveira & Bernard Gibbons - ABG Commercial Realty
  • Square Footage: 6,868
  • Price Per Square Foot: $160

The transaction was facilitated by brokers Ana Oliveira and Bernard Gibbons from ABG Commercial Realty, representing both the buyer and seller in this deal. Embrace Pathways to Wellness LLC acquired the property from Aphli LLC, aiming to establish their workspace in a well-located office environment.

Players

Bernard Gibbons
ABG Commercial Realty
Bernard Gibbons
7 deals$67M volume
BROKER
Ana Oliveira
ABG Commercial Realty
Ana Oliveira
1 deal$1.1M volume
BROKER
ABG Commercial Realty
ABG Commercial Realty
BROKERAGE

Details

SOLD
IMAGE: Ana Oliveira & Bernard Gibbons DATE: 08/15/2025 ADDRESS: 389 Main Street MARKET: Malden, MA ASSET TYPE: Office BUYER: Embrace Pathways to Wellness LLC SELLER: Aphli LLC BROKERS: Ana Oliveira & Bernard Gibbons - ABG Commercial Realty SALE PRICE: $1,100,000 SF: 6,868 ~ PPSF: $160 NOTE: Embrace Pathways to Wellness LLC bought a 6,868-sf full-floor office condo at 389 Main St. in Malden Sq. from Aphli LLC for $1.1M, with ABG Commercial Realty brokering the deal.

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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,908.06
Cash-on-Cash Return-1.27%
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