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Melrose Commercial Condos Near Train
For Sale
$450,000

26 W Wyoming Ave #b1, Melrose, MA 02176

Two commercial condo units near Melrose's West Wyoming train station.

Property Size1,500 SF
Price / SF$300
Days on Market118

Property Features for 26 W Wyoming Ave #b1

General Information

Standard status Active
Size 1,500 SF
Property subtype Commercial
Zoning BA2

Taxes and HOA fees

Annual Taxes $2,648

Building Details

Year Built 1971
Listing Agency: Boston Commonwealth Real Estate
Listed By: Gregory W. Fiore
Source: Liongatere
Added: Apr 25 Changed: Aug 14 Last Checked: Aug 14 at 7:25AM

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 Commonwealth Real Estate

Investment Insights

Based on property information with market context.

Two commercial condominium units are available in a prime downtown location next to the West Wyoming commuter rail station in Melrose, MA. Unit B1 offers approximately 1,500 square feet with direct garage access via a ramp for easy loading and unloading, and a secure entry. The unit has a flexible layout, bathroom and shower, floor drain, and circuit breakers. Unit B1 is suitable for a range of commercial uses. The condo fee is $422.17, and the 2026 taxes are $3,316. Unit B2 offers approximately 700 square feet with a separate exterior entrance and office, warehouse, and storage versatility. It includes a half bathroom and circuit breaker. The condo fee is $362.03, and the 2026 taxes are $1,657. Both units have two deeded outdoor parking spaces, and guest spots are available. The condo fee includes water and sewer, common electricity, master insurance, property management, landscaping and general maintenance, snow removal, and elevator maintenance. These units are ideal for businesses seeking visibility, accessibility, and versatile workspace, office space, storage, or a potential art studio.

Key Highlights

  • Prime downtown location, steps from the commuter rail station.
  • Two deeded commercial condominium units totaling approximately 2,200 sq ft (1,500 sq ft + 700 sq ft).
  • Versatile workspace suitable for office, storage, or potential art studio.

Property Analytics

Current Use

DPG Home Improvement, ... General Contractor

Suggested Use

Top Pick Restaurant Food Market Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

1,251
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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two commercial condo units near Melrose's West Wyoming train station.
Where is this office units located?
The property is located at 26 W Wyoming Ave #b1 Melrose, MA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Prime downtown location, steps from the commuter rail station.; Two deeded commercial condominium units totaling approximately 2,200 sq ft (1,500 sq ft + 700 sq ft).; Versatile workspace suitable for office, storage, or potential art studio.
More about this property
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