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Office Building with Residential Reuse
For Sale
Contact for pricing
Pending

106 W Foster St, Melrose, MA 02176

Former residential layout now configured for local office use, with potential for owner occupancy or residential conversion.

Property Size6,730 SF
Days on Market144

Property Features for 106 W Foster St

General Information

Standard status Pending
Size 6,730 SF
Property subtype Office

Site & Location

Highway Access Yes
Public Transit Yes

Building Details

Buildings 1
Listing Agency: Boston Realty Advisors
Listed By: Daniel Dewing · License #MA
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 1 at 3:19AM

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 Boston Realty Advisors

Investment Insights

Based on property information with market context.

This office building occupies 6,730 square feet and is currently used as a local office. The property was previously configured as a six-bedroom house, giving the building a residential layout that may support consideration of single-family or multifamily reuse, as described for the offering. It can also serve as an office location for an owner-user.

The property is positioned just outside downtown Melrose at 106 W Foster St. Its setting is described as being within the Interstate 93, Interstate 95, and U.S. Route 1 triangle, approximately 7 miles north of Boston. Public transportation resources and the surrounding urban-suburban setting add context for evaluating the property’s office and potential residential applications.

Key Highlights

  • 6,730‑square‑foot building currently used as a local office
  • Previously configured as a 6‑bedroom house
  • Potential office for an owner‑user

Property Analytics

Current Use

Limone Stephen C Law Firm Jason G Happel ... Law Firm Peter A. Belmonte Attorney ... Law Firm Judith A. Clark Law Firm Koppenaal G Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Big Box & Wholesale Store Auto Parts Store Locksmith Florist

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,333
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

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 building - Former residential layout now configured for local office use, with potential for owner occupancy or residential conversion.
Where is this office building located?
The property is located at 106 W Foster St Melrose, MA.
What are key features of this property?
This property features: 6,730‑square‑foot building currently used as a local office; Previously configured as a 6‑bedroom house; Potential office for an owner‑user
More about this property
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