$1,499,000
0.24
Acres
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Property Description
Prime commercial opportunity at 174 Green Street offering immediate utility for owner-occupants and exceptional upside for developers. Situated on a highly visible 0.24-acre (10,454 sq. ft.) lot with steady daily traffic, the versatile, approximately 7,000 sq/ft commercial building is equipped with phase 3 power ready for business use. For developers, this site is a high-yield candidate for a mixed-use commercial and residential build with BA1 zoning. The location offers unbeatable transit access with close proximity to the Melrose Highlands Commuter Rail, Oak Grove (Orange Line), and vibrant downtown Melrose. Capitalize on a rare footprint with multiple paths to ROI in a high-demand market. Buyers and their agents to perform all due diligence regarding zoning, permitting, and specific uses.
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Highlights
- Property Class: Commercial Sale
- Status: Active
- Year Built: 1954
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Additional Details
- Zoning: Ba1
- Zoning Description: Other (See Remarks)
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Fees / Taxes
- Tax Year: 2026
- Taxes: $18,408
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