1 City Hall PlazaMelrose, MA 02176MLS Number 73064191

  • Price: $1,350,000
  • Est. Mortgage of $/month
  • 173 Days on Market
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Federal 30-year interest rate: 6.57% last updated on May 25, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Under Agreement
1 City Hall Plaza Melrose MA 021761 City Hall Plaza Melrose MA 02176
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  • 0.15Acreage
  • BA1Zoning
A+ location in the heart of downtown Melrose for this BA1-zoned office space. Developer would need special permit for parking if building units. Check with Melrose planning department. Obtaining the variance seems possible as the lot is adjacent to a district where there is no parking regulation, municipal parking is also adjacent and public transportation is nearby. Building is located behind the fire station and city hall. City states new build could go as high as 4-stories. BA1 zoning permits mixed use. Building also listed for sale and lease.
Listed by The Bill Butler Group of Leading Edge Real Estate

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
127 Franklin Street
Reading, MA 01867

More Info

Basic Information

  • Lot Features Level, Cleared
  • Mls StatusUnder Agreement
  • Road Frontage DescriptionPaved

Building

  • Building Area Units Square Feet

Utilities

  • Electric On-Site
  • Electric On Property YN Yes
  • Gas On-Site
  • Sewer Public Sewer
  • Water Source Public

Tax Information

  • Tax Assessed Value $923,400
  • Tax Year 2022
  • Taxes$16,648

Location

  • Address1 City Hall Plaza
  • Building Number1
  • CountyMiddlesex
  • StateMA
  • StreetCity Hall Plaza
  • TownMelrose
  • Zip02176

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Golf
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Pool
    • Public School
    • Public Transportation
    • Shopping
    • Tennis Court(s)
    • Walk/Jog Trails
  • Other AmenitiesGolf, Pool, Tennis

Basic Information

  • List Price$1,350,000
  • MLS Number73064191
  • Modification Date05/25/2023
  • Property SubTypeCommercial
  • Purchase Contract Date02/09/2023

Property

  • Acreage0.15

Property Information

  • Lot Size Square Feet 6,534
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road

Other

  • Buyer Agency Compensation2
  • Date Listed12/09/2022
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation2
  • View Count5

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