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Renovated First-Floor Office Unit
New
For Lease
$24 SF/Yr

50 Tremont St 109, Melrose, MA 02176

Medical-oriented layout includes exam rooms, private offices, reception, kitchen, and multiple baths.

Space SizeContact for details
Property Size1,150 SF
Days on Market3

Property Features for 50 Tremont St 109

General Information

Standard status Active
Size 1,150 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $5,556

Building Details

Building Size 1,150 SF
Year Built 1980
Listing Agency: Brad Hutchinson Real Estate
Listed By: John Bulman
Source: Elliman
Added: Sep 1 Last Checked: Sep 2 at 9:11PM

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 office unit provides 1,890 square feet arranged across 11 rooms. The layout includes a waiting room, reception area, billing and storage space, 3 private offices, a kitchen, and 4 exam rooms equipped with sinks. Four bathrooms and a loft storage area add functional support space. The unit was recently renovated and is described as being in very good condition.

Located at 50 Tremont St 101 in Melrose, the suite offers access from both sides of the building and shared parking throughout the office complex. The association handles landscaping, snow plowing, and common-area maintenance. The property is convenient to commuter rail and bus lines, with a walk score of 87, bike score of 53, and transit score of 36.

Key Highlights

  • 1,890‑square‑foot first‑floor office unit with 11 rooms
  • Recently renovated and in very good condition
  • 4 exam rooms with sinks, 3 private offices, kitchen, and reception area

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

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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Frequently Asked Questions

What type of property is this?
Office units - Medical-oriented layout includes exam rooms, private offices, reception, kitchen, and multiple baths.
Where is this office units 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: 1,890‑square‑foot first‑floor office unit with 11 rooms; Recently renovated and in very good condition; 4 exam rooms with sinks, 3 private offices, kitchen, and reception area
More about this property
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