71-73 Grove St
Melrose, MA, 02176
$1,499,000
Melrose Redevelopment Potential! Close to downtown! Zoning states a Special Permit is needed to tear down and rebuild a mixed use building. (Variance not required unless developer chooses that path) A zoning analysis and parking layout shows you can fit 10-12 parking spots. Current FAR (2.0) allows up to 11,500sf building. Zoning also states a possibly bigger building (FAR 3.5/up to 20,000sf) and reduced/substitute parking with 1 &/or 2 additional Special Permits. See Melrose zoning codes 235-8.2 “Density Incentives Allowed in BA-1 and BA-2 Districts”. Currently a 3 family. Bus and commuter rail stops are both within a few minutes walk. Routes 1, 93 and the Subway are all about a 5 min drive. Agent/Seller makes no representations. All due diligence is the buyer’s responsibility.
Property Details
Price:
$1,499,000
MLS #:
73479049
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Listed Date:
Feb 20, 2026
Lot Size:
5,768 sqft / 0.13 acres (approx)
Schools
Interior
Exterior
Community Features
Public Transportation, Shopping, Park, Laundromat, House of Worship, Private School, T-Station, Sidewalks
Financial
Tax Year
2025
Taxes
$6,571
Map
Contact Us
Mortgage Calculator
Community
- Address71-73 Grove St Melrose MA
- CityMelrose
- CountyMiddlesex
- Zip Code02176
Subdivisions in Melrose
Property Summary
- 71-73 Grove St Melrose MA is a Land for sale in Melrose, MA, 02176. It is listed for $1,499,000 and features 0 acres. To schedule a showing of MLS#73479049 at 71-73 Grove St in Melrose, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.
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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.,…
More About JamesCourtesy of Thread Real Estate, LLC. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
71-73 Grove St
Melrose, MA







