Melrose MA Commercial for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1875
Baths:
MLS#:
73296101

ADDITIONAL INFORMATION

Building portfolio of properties for Sale. Rare opportunity Redevelopment of a Portfolio of Properties in an extraordinary location! Located on a common boundary line with Melrose Downtown Historic District, existing group of 4 adjoining parcels features 4 Victorian homes with 14 units, a private street, 2 multi-stall garage structures. Distinctive Property Design Features: Gable exterior roof designs at varying heights, high interior ceilings, front porches, oak and maple hardwood floors, and ornate detailing. Zoning allows for 21 units, with opportunity for additional units on approx. 0.75 acres. Mix of 1- and 2-bedroom apartments. The property is approximately 70% occupied. Lots zoned UR-D (Urban Residential ‘D’) allowing multifamily buildings to a density of FAR=1.0. Allowable height is 50 feet and 4 stories. Redevelop preserving the existing structures with square foot additions and interior renovations or build a completely new multifamily building (s).

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1875
Baths:
MLS#:
73296098

ADDITIONAL INFORMATION

Building portfolio of properties for Sale. Rare opportunity Redevelopment of a Portfolio of Properties in an extraordinary location! Located on a common boundary line with Melrose Downtown Historic District, existing group of 4 adjoining parcels features 4 Victorian homes with 14 units, a private street, 2 multi-stall garage structures. Distinctive Property Design Features: Gable exterior roof designs at varying heights, high interior ceilings, front porches, oak and maple hardwood floors, and ornate detailing. Zoning allows for 21 units, with opportunity for additional units on approx. 0.75 acres. Mix of 1- and 2-bedroom apartments. The property is approximately 70% occupied. Lots zoned UR-D (Urban Residential ‘D’) allowing multifamily buildings to a density of FAR=1.0. Allowable height is 50 feet and 4 stories. Redevelop preserving the existing structures with square foot additions and interior renovations or build a completely new multifamily building (s).

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Year built:
1875
Baths:
MLS#:
73296096

ADDITIONAL INFORMATION

Building portfolio of properties for Sale. Rare opportunity Redevelopment of a Portfolio of Properties in an extraordinary location! Located on a common boundary line with Melrose Downtown Historic District, existing group of 4 adjoining parcels features 4 Victorian homes with 14 units, a private street, 2 multi-stall garage structures. Distinctive Property Design Features: Gable exterior roof designs at varying heights, high interior ceilings, front porches, oak and maple hardwood floors, and ornate detailing. Zoning allows for 21 units, with opportunity for additional units on approx. 0.75 acres. Mix of 1- and 2-bedroom apartments. The property is approximately 70% occupied. Lots zoned UR-D (Urban Residential ‘D’) allowing multifamily buildings to a density of FAR=1.0. Allowable height is 50 feet and 4 stories. Redevelop preserving the existing structures with square foot additions and interior renovations or build a completely new structure(s).

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.22 Acres
Year built:
1900
Baths:
MLS#:
73296094

ADDITIONAL INFORMATION

Building portfolio of properties for Sale. Rare opportunity Restoration & redevelopment of a Portfolio of Properties in an extraordinary location! Located on a common boundary line with Melrose Downtown Historic District, existing group of 4 adjoining parcels features 4 Victorian homes with 14 units, a private street, 2 multi-stall garage structures. Distinctive Property Design Features: Gable exterior roof designs at varying heights, high interior ceilings, front porches, oak and maple hardwood floors, and ornate detailing. Zoning allows for 21 units, with opportunity for additional units on approx. 0.75 acres. Mix of 1- and 2-bedroom apartments. The property is approximately 70% occupied. Lots zoned UR-D (Urban Residential ‘D’) allowing multifamily buildings to a density of FAR=1.0. Allowable height is 50 feet and 4 stories. Redevelop preserving the existing structures with square foot additions and interior renovations or build new structure(s)

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1914
Baths:
MLS#:
73268569

ADDITIONAL INFORMATION

Introducing a prime investment opportunity in the heart of Melrose, MA. This 4,448 SF 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. This transit oriented development site sits steps away from the Melrose MBTA line. An opportunity not to be missed!

Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.02 Acres
Year built:
1989
Baths:
MLS#:
73252001

ADDITIONAL INFORMATION

Well established business opportunity and ideally located Hair Salon. Current owner has been in business for many years and is now ready to retire. Salon currently has eight stylist chairs, three shampoo stations, color prep area and one bath. Business is sold with all equipment, supplies and products. Four stylists will remain with New owner. Whether you’re already a salon owner looking to expand or a stylist ready to take your career into the next level, come see if this is the right opportunity for you. Plenty of parking available.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2014
Baths:
MLS#:
73013665

ADDITIONAL INFORMATION

Location, Location, and Location. Second Floor Office Space in Downtown Melrose. Share full kitchen, 2 restrooms. Handicap accessible by elevator. Great opportunity for individual who wants to start their small law firm, accounting firm, consulting firm, doctor’s office, holistic business, and real estate firm. All utilities and CAM fees included.

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Andrea Conner, License 1000188, Xome Inc., License 9622, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Melrose Real Estate

The median home value in Melrose, MA is $747,500. This is higher than the county median home value of $658,900. The national median home value is $338,100. The average price of homes sold in Melrose, MA is $747,500. Approximately 65.03% of Melrose homes are owned, compared to 32.69% rented, while 2.28% are vacant. Melrose real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Melrose real estate agent to arrange a tour today!

Melrose, Massachusetts has a population of 29,567. Melrose is more family-centric than the surrounding county with 40.72% of the households containing married families with children. The county average for households married with children is 35.9%.

The median household income in Melrose, Massachusetts is $125,229. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Melrose is 42.1 years.

Melrose Weather

The average high temperature in July is 81.3 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 48 inches per year, with 47.6 inches of snow per year.

Melrose Real Estate Market Conditions

  • Median sales price

    $747,500
    10.6% change since last quarter
  • # Active listings

    28
    30-day change

Melrose Schools and Demographics

Education near Melrose, MA

Metric City County
High School Graduates 96.21 93.57
College Degree - 2 year 7.03 5.86
College Degree - 4 year 61.95 57.77
Graduate Degree 19.89 19.76
Expenditures per Student 23,560 23,560
Students per Teacher 12 12

Elementary Schools near Melrose, MA

School Grades Students P/T Ratio ZIP
Beebe School KG - 08 900 14.4 02148
Colonial Park PK - 04 262 13.9 02180
Dolbeare KG - 04 398 13 01880
Douglas Waybright KG - 05 212 14 01906
Early Childhood Center PK - PK 313 19.8 02176
Early Childhood Center At the Doyle School PK - KG 130 15.5 01880
Ferryway School KG - 08 907 15.3 02148
Forestdale School KG - 08 593 13 02148
Greenwood KG - 04 236 14.3 01880
Herbert Clark Hoover KG - 05 252 14.9 02176
Horace Mann KG - 05 260 13.8 02176
Lincoln KG - 05 366 15.2 02176
Linden School KG - 08 901 13.4 02148
Lynnhurst KG - 05 252 13.5 01906
Malden Early Learning Center PK - PK 317 15.1 02148
Oaklandvale KG - 05 232 13.5 01906
Robin Hood PK - 04 343 14.6 02180
Roosevelt KG - 05 389 14.5 02176
Salemwood School KG - 08 1,077 13.1 02148
South KG - 04 335 13 02180
Veterans Memorial KG - 05 542 16.8 01906
Walton 01 - 04 188 15 01880
Winthrop KG - 05 341 14.9 02176
Woodville School KG - 04 344 12.7 01880

Middle Schools near Melrose, MA

School Grades Students P/T Ratio ZIP
Belmonte Saugus Middle 06 - 08 682 12.3 01906
Central KG - 05 341 12.6 02180
Galvin Middle School 05 - 08 1,113 13.6 01880
Melrose Middle 06 - 08 857 13.2 02176
Stoneham Central Middle School 05 - 08 745 11.9 02180

High Schools near Melrose, MA

School Grades Students P/T Ratio ZIP
Malden High School 09 - 12 1,869 16.4 02148
Melrose High School 09 - 12 933 14.1 02176
Saugus High School 09 - 12 713 11.3 01906
Stoneham High School 09 - 12 632 11.4 02180
Wakefield Memorial High School 09 - 12 1,030 13.4 01880

Ungraded Schools near Melrose, MA

School Grades Students P/T Ratio ZIP
* Northeast Metro Regional Vocational 09 - 12 1,267 11.2 01880
Mystic Valley Regional Charter School KG - 12 1,509 14.1 02148
Pioneer Charter School of Science II (Pcss-II) 07 - 10 229 10.7 01906

Demographics near Melrose, MA

Metric City County
Neighborhood Type Inner City
Population 29,567 1,623,411
Population Density 6,314 1,985
Median Age 42.1 38.5
People per Household 2.4 2.5
Median Household Income 125,229 111,790
Average Income per Capita 58,791 58,399