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!

Property Details

Price:
$949,000
MLS #:
73268569
Status:
Active
Beds:
0
Baths:
0
Address:
437-445 Franklin St.
Type:
Commercial
City:
Melrose
Listed Date:
Jul 23, 2024
State:
MA
Finished Sq Ft:
4,448
Total Sq Ft:
4,448
ZIP:
02176
Lot Size:
4,626 sqft / 0.11 acres (approx)
Year Built:
1914

Schools

Interior

Exterior

Financial

Tax Year
2024
Taxes
$14,806

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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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437-445 Franklin St.
Melrose, MA