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.

Property Details

Price:
$1,100,000
MLS #:
73323300
Status:
Active
Beds:
0
Baths:
0
Address:
371-377 Franklin St.
Type:
Commercial
City:
Melrose
Listed Date:
Jan 6, 2025
State:
MA
ZIP:
02176
Lot Size:
3,925 sqft / 0.09 acres (approx)
Year Built:
1924

Schools

Interior

Exterior

Financial

Tax Year
2024
Taxes
$10,801

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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371-377 Franklin St.
Melrose, MA