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Listed price in listed location currency (USD).
$1,499,000

000

MLS® 73479049

  • Key Facts
  • Description
  • Map

Key Facts

Type Unimproved Land
Levels Land
Size -
Garage No
Taxes $6,571
Days Active 0
Lot Size 0.13 acres
Approx. Age 
MLS® Number 73479049

Property Address: 71-73 Grove St, Melrose, MA, 02176

Average square foot calculated using Size range provided by listing agent.

Description

Melrose Redevelopment Potential! Just steps away to downtown! Zoning states a Special Permit is needed to tear down and rebuild a mixed use building. (Variance not required unless developer chooses that path) A zoning analysis and parking layout shows you can fit 10-12 parking spots. Current FAR (2.0) allows up to 11, 500sf building. Zoning also states a possibly bigger building (FAR 3.5/up to 20, 000sf) and reduced/substitute parking with 1 &/or 2 additional Special Permits. See Melrose zoning codes 235-8.2 "Density Incentives Allowed in BA-1 and BA-2 Districts". Currently a 3 family. Bus and commuter rail stops are both within a few minutes walk. Routes 1, 93 and the Subway are all about a 5 min drive. Agent/Seller makes no representations. All due diligence is the buyer's responsibility.
MLS® Number73479049
Laundry Level
Central VacNo
FireplaceNo
Acreage0.13
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 20, 2026List Date
$1,499,000List Price
  • Commute

Commute

Starting Address
Destination Address
71-73 Grove St, Melrose, MA

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