Search
Renovated Retail Suite
For Sale
Contact for pricing

473 Main St, Melrose, MA 02176

Updated commercial space with built-in office, storage, building services, and public parking behind the property.

Property Size1,200 SF
Price / SF$3.31
Days on Market18

Property Features for 473 Main St

General Information

Standard status Active
Size 1,200 SF
Property subtype Commercial

Additional Details

Road Access Yes
Sprinkler System Yes

Amenities

common area trash
washer/dryer access

Building Details

Year Built 1874
Listing Agency: Stephen Cefalo Real Estate
Listed By: Stephen Cefalo
Source: Lockandkeyre
Added: Aug 12 Changed: Aug 28 Last Checked: Aug 28 at 12:49PM

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 Stephen Cefalo Real Estate

Investment Insights

Based on property information with market context.

This approximately 1,200-square-foot retail suite occupies a renovated commercial space with hardwood flooring, air conditioning, gas heat, and sprinkler protection. The layout includes a 12’x14’ rear administrative office and a storage area exceeding 40 square feet. A handicap-accessible bathroom, washer/dryer access, and shared trash service are also provided.

The property is located on Main St in downtown Melrose, with public parking available at the rear of the building. Its configuration supports retail or office occupancy, along with medical and health-related uses identified for the space. The building dates to 1874.

Key Highlights

  • Approximately 1,200 SF renovated retail suite
  • 12’x14’ rear administrative office
  • Storage area larger than 40+ sq.ft.

Property Analytics

Current Use

Get In Shape For Women Gym & Fitness Center

Suggested Use

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

Lease Details

Yes
Sprinkler system
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,350
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Updated commercial space with built-in office, storage, building services, and public parking behind the property.
Where is this retail space located?
The property is located at 473 Main St Melrose, MA.
What are key features of this property?
This property features: Approximately 1,200 SF renovated retail suite; 12’x14’ rear administrative office; Storage area larger than 40+ sq.ft.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message