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283 Melrose Street Newton, MA 2466

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For Sale
$16,500,000

43,783 sq ft VC2-zoned land for redevelopment near shops.

Lot size:
1.01 Acres
Added:
Mar 17, 2026
Days on Market:
16
Last Refresh:
Mar 18 at 7:46 am

Property Features for 283 Melrose Street

General Information

Standard status
Active
Lot size
1.01 Acres

Building Details

Year Built
2020

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Listing Contact
Ward Shifman

Listing agent Ward Shifman

Listing office Coldwell Banker Realty - Newton

Listing date Mar 17, 2026

Source Corcoran

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 Coldwell Banker Realty - Newton


Overview

Auburndale Village Redevelopment Opportunity

Located in the heart of Auburndale Village, 283 Melrose Ave offers approximately 43,783 square feet of VC2-zoned land. The property is situated steps from village shops and a short distance from the Commuter Rail. The newly created VC2 district is designed to encourage housing and mixed-use density in Newton’s village centers. The property presents multiple paths for value creation, including the potential to sub-divide the lot and pursue multiple buildings up to 3.5 stories with tight setbacks. With two existing condemned structures on site, the offering is being marketed as land for redevelopment. This location is an ideal canvas for modern village-center living and offers a unique opportunity to deliver much-needed residential or mixed-use product in a walkable, transit-served location.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

Location Insight

  • Map
  • Local Demand
City
Newton
County
Middlesex
State
Massachusetts
Longitude
-71.2490954
Latitude
42.3468054

FAQs

What type of property is this?
Commercial land - 43,783 sq ft VC2-zoned land for redevelopment near shops.
Where is this commercial land located?
The property is located at 283 Melrose Street Newton, MA.
What is the asking price?
The asking price for this property is $16,500,000.
What are key features of this property?
This property features: Large 43,783 ± sq ft VC2‑zoned land in Auburndale Village, ideal for redevelopment; Prime location steps to village shops and a short distance to the Commuter Rail; Opportunity to build multiple buildings up to 3.5 stories with tight setbacks
More about this property
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