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Property profile

164 Emerson St Melrose, MA 02176

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 400-square-foot creative office space is situated in a historic building on West Emerson Street in Melrose, Massachusetts. The single-tenant property boasts a prime location directly on West Emerson Street, offering excellent street visibility and accessibility. The space features a large glass storefront, providing ample natural light and showcasing the interior to passersby. The dimensions of the space are 36.5 feet by 11.5 feet, offering a functional and well-proportioned layout suitable for a variety of creative uses. Its location next to the Cedar Park Commuter Rail Station provides unparalleled convenience for employees and clients utilizing public transportation. This unique property blends the charm of a historic building with the modern convenience of a readily accessible location, making it an attractive option for businesses seeking a distinctive and well-situated workspace. The property is classified as Retail, Office, and Industrial, and specifically designated as a Creative Office space within Middlesex County. This presents a rare opportunity to establish a business in a vibrant and easily accessible location within a historic setting. The property's single-tenant occupancy ensures exclusive use and control of the space. The combination of historical character and modern convenience makes this an exceptional opportunity for a discerning business.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

164 Emerson St Melrose, MA 02176
Melrose metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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