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Renovated First-Floor Office Unit
For Lease
$24 SF/Yr

101-50 Tremont St, Melrose, MA 02176

Recently updated professional suite with exam rooms, private offices, kitchen, and common-area parking.

Space Size1,890 SF
Days on Market10

Property Features for 101-50 Tremont St

General Information

Standard status Active
Size 1,890 SF
Net Rentable 1,890 SF

Space & Availability

Available Space 1,890 SF
Contiguous Space 1,890 SF
Floor 1
Space Use Office
Private Offices 3

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $5,556

Amenities

common area parking
landscaping
snow plowing
common area maintenance
Listing Agency: Brad Hutchinson Real Estate
Listed By: John Bulman
Source: Exprealty
Added: Aug 31 Changed: Sep 8 Last Checked: Sep 8 at 2:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brad Hutchinson Real Estate

Investment Insights

Based on property information with market context.

This first-floor office condominium offers a recently renovated layout with 11 rooms, including a waiting area, reception space, billing and storage area, 3 private offices, kitchen, and 4 exam rooms equipped with sinks. The unit also includes 4 baths and a loft for additional storage. Access is available from both sides of the building.

Common-area parking surrounds the office complex, while the association manages landscaping, snow plowing, and shared-area maintenance. The property is located at 101-50 Tremont St in Melrose, with access to commuter rail and bus lines. The building has an established occupant base with multiple long-term users.

Key Highlights

  • Recently renovated first‑floor office condominium
  • 11‑room layout with waiting, reception, kitchen, storage, and private office areas
  • 3 private offices and 4 exam rooms with sinks

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Law Firm Big Box & Wholesale Store Auto Parts Store Dental Office Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,092
Businesses Nearby

Demographics for 02176, MA

29,817
Population
12,724
Households
2.3
Avg Household Size
41
Median Age
62%
College-Educated
95%
High-School Grad
4.7 sq mi
ZIP Area
6,344
Density / Sq Mi
$126,854
Median Household Income
$80,293
Median Earnings
$1,933
Median Rent
$796,100
Median Home Value

Market

Lease Benchmarks for Melrose, MA

$27.75 /SF/Yr
Avg Asking Price
$24–$39.75 /SF/Yr
Price Range
1,649 SF
Avg Space Size

This space is priced 14% below the average of $27.75 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Recently updated professional suite with exam rooms, private offices, kitchen, and common-area parking.
Where is this office units located?
The property is located at 101-50 Tremont St Melrose, MA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Recently renovated first‑floor office condominium; 11‑room layout with waiting, reception, kitchen, storage, and private office areas; 3 private offices and 4 exam rooms with sinks
More about this property
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