401 Upham St Melrose, MA 02176-3430
Property profile & analytics
401 Upham St Melrose, MA 02176-3430
- Gas stations
- 1,006 SF
- 0.18 lot acres
Property ID
US38-0403316
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Tom's East Side Gulf / Gas Station
- ELITE MECHANIC SERVICE / Auto Repair Shop
Property Details for 401 Upham St
- Year built
- 1924
- Construction
- STEEL FRAME
- Lot size
- 0.18 lot acres
- Property size
- 1,006 SF
- Zone code
- SRB
- Property type
- Gas stations
- APN
- MELR M:0G9 P:0000045
- APU
- MELRM0G9P0000045
Description
This exceptional investment opportunity presents a well-established gas and service station located at 401 Upham St, Melrose, MA 02176. Operating profitably since 1929, this turnkey business boasts three gas pumps, two fully equipped service bays currently leased to a long-term tenant, and ample storage/parking. The property features a main office with a private bath, plus a public restroom. The building, constructed in 1924, sits on a 7,802 sq ft lot and is zoned SRB. Triple-walled steel fuel tanks (installed 1987, 5000 gal regular, 4000 gal regular, 6000 gal super) are equipped with sensors for safety and monitoring. The sale includes the assumption of the existing Gulf contract, subject to their approval. High profit margins per gallon, excellent street visibility, and a loyal customer base contribute to this business's consistent success. A clean environmental assessment is expected in November 2024. This is a rare chance to acquire a thriving, long-standing business with significant growth potential in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Melrose
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.046
- Latitude
- 42.4592
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,153
$407,600
$165,700
$573,300
-
$0.00
$0.00
$0.00
