138 Main St, Melrose, MA 02176

Building Details

Year Built

1950

Listing agent Jason Madden Show Phone

Listing office Pondfield Commercial Group Show Phone

Listing date Apr 25, 2026

Source Liongatere

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Overview

This free-standing commercial building is located on Main Street in Melrose and includes a 10-car parking lot. The property was most recently used as an office but has a history as a bank. The first floor features three private offices, a break room, two half bathrooms, and multiple bank teller service areas. The lower level includes two finished rooms and a half bath. The upper level contains a third unfinished room that can be improved for additional space. The property is located across from Pine Banks Park and is a short walk from Jitters Cafe, Bobby Cs, Ocean Sushi, and Hinge Fitness. This location is suitable for a local business owner interested in owning rather than renting. The property is a pre-existing, legal, non-conforming use as an office. The underlying zoning is residential, URB, presenting a possible redevelopment opportunity with zoning relief. Buyers should conduct due diligence to confirm all information.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Melrose

County

Middlesex

State

Massachusetts

Longitude

-71.0684595

Latitude

42.4454606

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FAQs

What type of property is this?

Office building - Free-standing commercial building with parking in Melrose, Massachusetts.

Where is this office building located?

The property is located at 138 Main St Melrose, MA.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Free‑standing commercial building on Main Street.; 10‑car parking lot.; Prime location near Pine Banks Park, cafes, and fitness center.