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Renovated Medical Office Suite
New
For Lease
$24 SF/Yr

50 Tremont St # 101, Melrose, MA 02176

First-floor layout includes exam rooms with sinks, private offices, and four bathrooms.

Space Size1,890 SF
Days on Market3

Property Features for 50 Tremont St # 101

General Information

Standard status Active
Size 1,890 SF
Net Rentable 1,890 SF
Property subtype COMMERCIAL

Space & Availability

Available Space 1,890 SF
Contiguous Space 1,890 SF
Floor 1
Space Use Office
Private Offices 3

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $5,556

Amenities

common area parking
landscaping
plowing
common area maintenance

Building Details

Building Size 1,895 SF
Year Built 1980
Listing Agency: Brad Hutchinson Real Estate
Listed By: John Bulman
Source: Donnellyandco
Added: Aug 31 Changed: Sep 1 Last Checked: Sep 1 at 6:37PM

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 Brad Hutchinson Real Estate

Investment Insights

Based on property information with market context.

This first-floor medical office condominium at 50 Tremont Street, Unit 101, in Melrose offers an 11-room configuration with a waiting room, reception area, billing and storage space, three private offices, a kitchen, and four exam rooms equipped with sinks. Four bathrooms and a loft used for additional storage complement the layout. The unit was recently renovated and provides access from both sides of the building.

The office is located in a complex with common-area parking and association-managed landscaping, snow plowing, and common-area maintenance. Commuter rail and bus lines are nearby, providing transit access for occupants and visitors. The building, constructed in 1980, has long-term occupants within the complex.

Key Highlights

  • 11‑room medical office layout with waiting room, reception, kitchen, storage, offices, and exam rooms
  • Four exam rooms equipped with sinks
  • Three private offices and four bathrooms

Property Analytics

Current Use

Sasa Periskic Physician Salil Midha, MD Physician Premier Value Pharmacy ... Pharmacy ABC Maintenance (Bike/Boat/Book/etc) Store Margaret Connolly Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Big Box & Wholesale Store Auto Parts Store Garden Center Tech Support Center

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

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,396
Businesses Nearby
Under-served
Demand for This Use

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
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Similar Off Market Nearby

  • Melrose Animal Clinic 26 Essex St, Melrose, MA 02176

Frequently Asked Questions

What type of property is this?
Medical Office Space - First-floor layout includes exam rooms with sinks, private offices, and four bathrooms.
Where is this medical office space located?
The property is located at 50 Tremont St # 101 Melrose, MA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 11‑room medical office layout with waiting room, reception, kitchen, storage, offices, and exam rooms; Four exam rooms equipped with sinks; Three private offices and four bathrooms
More about this property
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