Franklin StMelrose, MA 02176

  • Other commercial real estate
  • 0.11 AC
For Sale
$949,000 View listing

Property Details for Franklin St

Year built
1914
Lot size
0.11 AC
Property type
Other commercial real estate

Description

This exceptional investment property, located on Franklin Street in the vibrant city of Melrose, Massachusetts, presents a compelling opportunity for discerning investors and developers. The 4,448 square foot building sits on a 0.11-acre lot and is zoned BA-2, allowing for a diverse range of uses, including retail, street retail, and mixed-use developments. Its strategic location offers unparalleled access to the Melrose MBTA commuter rail line, ensuring excellent transit connectivity for both residents and customers. This transit-oriented development site is ideally positioned within the thriving Melrose Market, a dynamic area known for its strong local economy and high foot traffic. The property's versatility and prime location make it an exceptional investment prospect with significant potential for future growth and profitability. The building's size and zoning provide ample opportunity for creative development, catering to a variety of business needs and market demands. This is a rare chance to acquire a significant asset in a highly desirable and rapidly developing area. Don't miss this chance to secure a piece of Melrose's vibrant commercial landscape. The asking price is $949,000.

Franklin St, Melrose, Massachusetts

Location Insight

City
Melrose
County
Middlesex
State
Massachusetts
Latitude
42.4669
Longitude
-71.0617

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].