174 Green St, Melrose, MA 02176
- $1,499,000
- 3
- BA
- 7,000
- SqFt
- List Price
- $1,499,000
- Status
- NEW
- MLS#
- 73556751
- Bathrooms
- 3
- Half Baths
- 3
- Living Area
- 7,000
- Lot Size (Acres)
- 0.23
- Year Built
- 9999
Property Description
Prime development opportunity at 174 Green Street in Melrose. Situated on a highly visible 0.24-acre (10,454 sq. ft.) lot with steady daily traffic, this versatile site offers a high-yield footprint for a high-density residential build featuring a street-level retail component. Flexible BA1 zoning provides a clear pathway to maximize residential square footage while capturing ground-floor commercial value. The existing ~7,000 sq. ft. structure offers immediate utility or short-term cash flow while navigating entitlements. Unbeatable transit-oriented location moments from the Melrose Highlands Commuter Rail, Oak Grove (Orange Line), and vibrant downtown Melrose guarantees strong demand for future residential units and retail tenants alike. Capitalize on a rare, scalable parcel in a premier suburban market. Buyers and their agents to perform all due diligence regarding zoning, permitting, density, and specific allowable uses.
Additional Information
- Taxes
- $18,408
- Lot Description
- Other
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Lento + Rivkind Real Estate Team from Listing Office: Coldwell Banker Realty - Boston.
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