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Auburndale Village Redevelopment Opportunity

283 Melrose Street, Newton, MA 02466

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For Sale

$16,500,000

43,783 sq ft VC2-zoned land for redevelopment in Newton.

Type:Commercial

Lot size:

1.01 Acres

HighLights

Rare VC2‑zoned land (43,783 ± sq ft) in Auburndale Village, allowing for housing and mixed‑use development.
Prime location steps to village shops and a short distance to the Commuter Rail.
Potential to subdivide the lot and construct multiple buildings up to 3.5 stories.
Opportunity to capitalize on the newly created VC2 district's vision for increased density.
Ideal for delivering much‑needed residential or mixed‑use product in a walkable, transit‑served area.
Being marketed as land for redevelopment, offering a blank canvas for modern village‑center living.

We can help!

Listing Contact

Ward Shifman

Learn more

For Sale

$16,500,000

43,783 sq ft VC2-zoned land for redevelopment in Newton.

Type:Commercial

Lot size:

1.01 Acres

Added:: Apr 23, 2026
Days on Market:: 53
Last Refresh:: Apr 23 at 10:36 am

Property Features for 283 Melrose Street

General Information

Standard status: Active
Lot size: 1.01 Acres
Property subtype: Commercial

Building Details

Year Built: 2020

We can help!

Listing Contact

Ward Shifman

Listing agent Ward Shifman License #449509382

Listing office Coldwell Banker Realty - Newton

Listing date Apr 23, 2026

Source Alliancepartnersre

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

HighLights

Rare VC2‑zoned land (43,783 ± sq ft) in Auburndale Village, allowing for housing and mixed‑use development.
Prime location steps to village shops and a short distance to the Commuter Rail.
Potential to subdivide the lot and construct multiple buildings up to 3.5 stories.
Opportunity to capitalize on the newly created VC2 district's vision for increased density.
Ideal for delivering much‑needed residential or mixed‑use product in a walkable, transit‑served area.
Being marketed as land for redevelopment, offering a blank canvas for modern village‑center living.

Overview

Located in Auburndale Village, this property features approximately 43,783 square feet of VC2-zoned land. Situated steps from village shops and a short distance from the Commuter Rail, the site is positioned to capitalize on the vision of encouraging housing and mixed-use density in Newton's village centers. The property offers 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. Marketed as land for redevelopment, the site currently has two existing condemned structures. This presents a unique opportunity to deliver residential or mixed-use product in a walkable, transit-served location, providing an ideal canvas for modern village-center living. Please note that renderings are for marketing purposes only and no representations are made. Inquire with agent regarding Solar Panel lease buyout.

Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

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Local Demand

City: Newton
County: Middlesex
State: Massachusetts
Longitude: -71.2490954
Latitude: 42.3468054

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For sale
Commercial land
MA
Newton
02466
283 Melrose Street

What type of property is this?

Commercial land - 43,783 sq ft VC2-zoned land for redevelopment in Newton.

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: Rare VC2‑zoned land (43,783 ± sq ft) in Auburndale Village, allowing for housing and mixed‑use development.; Prime location steps to village shops and a short distance to the Commuter Rail.; Potential to subdivide the lot and construct multiple buildings up to 3.5 stories.