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Melrose Office Condo For Rent
For Lease
$24 SF/Yr

50 Tremont St #109, Melrose, MA 02176

Well-maintained 1,150 SF office condo in desirable Melrose complex.

Space SizeContact for details
Days on Market470

Property Features for 50 Tremont St #109

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $5,556

Building Details

Year Built 1980
Listing Agency: Brad Hutchinson Real Estate
Listed By: John Bulman
Source: Corcoran
Added: May 24, 2025 Changed: Mar 16 Last Checked: Sep 1 at 8:16PM

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 1,150 square foot office condominium is located in a sought-after office complex in Melrose. The unit features a layout with 6 rooms, including a waiting room, reception area, a billing/storage area, 2 private offices, and 2 exam rooms equipped with sinks. The first-floor unit is in very good condition and offers easy access from both sides of the building. Ample common area parking is available around the building. The association handles landscaping, snow removal, and common area maintenance. The office building is well-managed with many long-term occupants. It is suitable for a tech company, doctor, lawyer, architect, or other professional use. This unit offers a cost-effective solution for businesses seeking to manage expenses in a rising market. Convenient access to commuter rail and bus lines is available.

Key Highlights

  • Highly desirable Melrose office complex location.
  • Well‑laid‑out 1,150 sq ft unit featuring 6 rooms including reception, offices, and exam rooms with sinks.
  • First‑floor unit with easy access and ample common area parking.

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 - Well-maintained 1,150 SF office condo in desirable Melrose complex.
Where is this medical office space located?
The property is located at 50 Tremont St #109 Melrose, MA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Highly desirable Melrose office complex location.; Well‑laid‑out 1,150 sq ft unit featuring 6 rooms including reception, offices, and exam rooms with sinks.; First‑floor unit with easy access and ample common area parking.
More about this property
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