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Renovated Retail Storefront
New
For Lease
$4,150/Mo

1147 Main, Melrose, MA 02176

Open-plan commercial space with modern finishes, accessible entry, and flexible retail, office, showroom, or service use.

Space Size1,100 SF
Days on Market7

Property Features for 1147 Main

General Information

Standard status Active
Size 1,100 SF
Net Rentable 1,100 SF
Property subtype Commercial
Zoning BC

Space & Availability

Available Space 1,100 SF
Contiguous Space 1,100 SF
Available From Immediate

Taxes and HOA fees

Annual Taxes $1.00

Amenities

handicap accessible
handicap-accessible restroom

Building Details

Building Size 1,100 SF
Year Built 2026
Listing Agency: Pondfield Commercial Group
Listed By: Jason Madden
Source: Elliman
Added: Aug 14 Changed: Aug 15 Last Checked: Aug 20 at 8:17AM

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 Pondfield Commercial Group

Investment Insights

Based on property information with market context.

This approximately 1,100 SF storefront offers a newly renovated commercial setting with an open layout, contemporary finishes, and broad storefront glazing. The space includes a handicap-accessible entrance and restroom, supporting a range of retail, office, showroom, and service uses. The building was constructed in 2026.

Positioned on Main Street in Melrose at the Wakefield Line, the property sits across from Billy’s Famous Roast Beef and provides a prominent street presence. The BC zoning district allows a variety of uses, subject to the City of Melrose Zoning Bylaws. The lease includes real estate taxes and insurance; the tenant is responsible for utilities, trash, cleaning, and snow and ice removal from sidewalks, stairs, and ramps. WalkScore is 78, BikeScore is 34, and TransitScore is 32.

Key Highlights

  • Approximately 1,100 SF storefront on Main Street in Melrose
  • Renovated last year with an open layout and modern finishes
  • Expansive storefront window line across a prominent Main Street position

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Restaurant Bakery Furniture & Home Goods

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
$6.79 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

386
Businesses Nearby
1k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
Domino's Pizza Dining
1,309 visits/mo 0.5 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Open-plan commercial space with modern finishes, accessible entry, and flexible retail, office, showroom, or service use.
Where is this storefront property located?
The property is located at 1147 Main Melrose, MA.
What is the lease rate?
The lease rate is $4,150/Mo.
What are key features of this property?
This property features: Approximately 1,100 SF storefront on Main Street in Melrose; Renovated last year with an open layout and modern finishes; Expansive storefront window line across a prominent Main Street position
More about this property
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