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$ 1,800,000
Est. payment | /mo
4,150 SqFt
$ 1,800,000
Est. payment | /mo
4,150 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,150 sqft
Price per Sqft $433
MLS Listing ID 73584994
HOA Y/N false
Year Built 1953
Annual Tax Amount $15,993
Tax Year 2026
Lot Size 4,356 Sqft
Acres 0.1
Property Description
A rare downtown Melrose opportunity. 45 West Foster Street is a freestanding, single-story commercial building positioned in one of the most visible and active locations in the heart of downtown Melrose. Offered to the market for the first time in approximately 40 years, the property sits directly along West Foster Street and within the Main Municipal Parking Lot, surrounded by established downtown destinations including Shaw's, CVS, Turner's Seafood, Bruegger's Bagels and Caffè Nero.Featuring an open, single-unit floor plan, outstanding visibility, exceptional access to municipal parking and flexible **BA-1 zoning**, the property offers tremendous potential for a wide variety of commercial users, owner-occupants and investors. Opportunities with this combination of location, visibility, parking and downtown positioning are exceptionally difficult to find in Melrose.45 West Foster Street is a truly unique offering in the downtown market. Offers due October 15, 2026
Location
State MA
County Middlesex
Zoning BA1
Direction Main St to West Foster St
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, Three Phase
Others
Senior Community false
Listed by Pondfield Commercial Group
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