Address
536 Lebanon St Melrose, MA
Price
$ 919,000
Property Attributes
  • MLS#72757034
  • TypeCommercial
  • CountyMIDDLESEX
  • CityMelrose
  • Zip02176
  • StyleOffice
  • Year Built1855
  • Taxes$ 5880
  • Price$ 919,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1503
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
John McMillan with RE/MAX Unlimited.
Data Source:
Massachusetts MLS Property Info Network (MLSPIN) - 3 - MA
Property Description

Fantastic Mix-Use opportunity for a small firm to re-locate to Melrose MA. Consistently voted one of the top towns in MA. Located directly across from Melrose/Wakefield Hospital and an easy walk to downtown and Commuter Rail. First floor office suite is perfect for Doctor/Dentist/Accountant/Lawyer/Real Estate firm. Handicap accessible first floor features includes 3 private office spaces, kitchenette, 1/2 bath and reception area, also a finished basement area that could be additional space. Was used as a medical office space in the past but could be perfect for any number of professions. Short walk to Commuter Rail to North Station. Ample parking(20+) in rear of building. Second floor 2Bed/1Bath residential unit provides additional income to help reduce expenses. Currently rent to long term tenants at $2100/month. Expansion opportunity into third floor attic space for a duplex unit. Possible condo conversion opportunity with basement and attic being partially finished. Two duplex units

Price History
11/13/2020 Listed $929,000
4/29/2021 2% - $919,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 02176

Price
AVG $240K
$920K
Taxes
AVG $15,596
$5,880
Visits
AVG 87
119
Year Built
AVG 1951
1855
Walkscore
AVG 88
90
Data Provided by Walkscore ® not using MLS data