MLS #73479049 image #0
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.
Current real estate data for Land in Melrose as of Mar 09, 2026
4
Land Listed
146
Avg DOM
$1,799,725
Avg List Price

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

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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.,…

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71-73 Grove St
Melrose, MA