Four-Unit Retail
For Sale
Contact for pricing
18-20 Essex St, Melrose, MA 02176
Fully leased retail property near residential housing with parking available.
Property SizeContact for details
Days on Market142
Property Features for 18-20 Essex St
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
Gibson Commercial
(617) 908-6775
Listed By:
Albert Bouchie · License #9522540
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 5:53PM
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 Gibson Commercial
Investment Insights
Based on property information with market context.
The property at 18-20 Essex St in Melrose, Massachusetts, is a four-unit retail strip located in Melrose Center. All four units are leased, with established occupants and remaining terms on their current leases.
The property is positioned near residential units and includes access to ample parking. Its retail configuration and existing lease status provide an operating commercial asset in a central Melrose setting.
The property is positioned near residential units and includes access to ample parking. Its retail configuration and existing lease status provide an operating commercial asset in a central Melrose setting.
Key Highlights
- Four‑unit retail strip in Melrose Center
- Fully leased retail property
- Established tenant base with remaining lease terms
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,430
Businesses Nearby
74k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 42%
Shops & Services 30%
Dining 25%
Leisure 1%
Shaw's Supermarket
Groceries
31,118 visits/mo
0.1 miles
Starbucks
Dining
9,356 visits/mo
0.1 miles
Mobil
Shops & Services
8,056 visits/mo
0.3 miles
Dunkin' Donuts
Dining
7,450 visits/mo
0.4 miles
Bank of America
Shops & Services
7,063 visits/mo
0.2 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Fully leased retail property near residential housing with parking available.
Where is this strip mall located?
The property is located at 18-20 Essex St Melrose, MA.
What are key features of this property?
This property features: Four‑unit retail strip in Melrose Center; Fully leased retail property; Established tenant base with remaining lease terms
