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$ 875,000
$ 949,900 7.9%
Est. payment | /mo
3,920 Sqft Lot
$ 875,000
$ 949,900 7.9%
Est. payment | /mo
3,920 Sqft Lot
Key Details
Sold Price $875,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 73323300
Sold Date 11/26/25
HOA Y/N false
Year Built 1924
Annual Tax Amount $10,801
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Introducing a prime investment opportunity in the heart of Melrose, MA. This meticulously-maintained 2,288 SF 3 unit building offers a lucrative venture in the thriving Melrose Market. With a coveted BA-2 zoning, this property presents a wealth of possibilities for Retail / Street Retail and mixed-use investors and developers. Located only steps away to the Melrose MBTA line this is the transit oriented development site you've been waiting for.
Location
State MA
County Middlesex
Zoning BA2
Direction 371 Franklin St.
Others
Senior Community false
Listed by GDP Real Estate Group, LLC
Bought with Gianni De Palma • GDP Real Estate Group, LLC
Bought with Gianni De Palma • GDP Real Estate Group, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "