Melrose, MA Retail Properties & Spaces for Sale

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Updated: Mar 6

Melrose Retail Investment Opportunity

437 Franklin Street, Melrose, MA USA, Melrose, MA 02176

$800,000

4,448 sqft 0.11 AC lot

Prime location in Melrose, MA, offering a blend of suburban charm and urban convenience.
BA‑2 zoning allows for retail/street retail and mixed‑use development, presenting a lucrative investment opportunity.
4,448 SF building suitable for redevelopment.
Close proximity to the Melrose MBTA line for convenient access to Boston.
High foot traffic area, ideal for retail businesses.

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Updated: Apr 25

Melrose Mixed-Use Investment Opportunity

437-445 Franklin St., Melrose, MA 02176

$799,900

4,448 sqft

Prime investment opportunity in the heart of Melrose, MA.
4,448 SF building in the thriving Melrose Market.
Coveted BA‑2 zoning allows for Retail / Street Retail and mixed‑use development.
Transit oriented location steps away from the Melrose MBTA line.
Suitable for investors and developers.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Melrose, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Commercial Space Near T-Station

1 Glenwood St #6, Malden, MA 02148

$525,000

1,048 sqft

1,048 SF renovated commercial space across from Oak Grove T-station.

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Corner-Lot Retail Building

144 Broadway, Saugus, MA 01906

$725,000

2,273 sqft 0.15 AC lot

Freestanding, two-story retail building with Broadway frontage and on-site parking for customer convenience.

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Established Auto Body Shop Building

177 Central St, Saugus, MA 01906

$1,100,000

0.13 AC lot

Well-established auto body shop with fenced yard and central AC.

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Renovated Retail Office Suite

1 Glenwood St, #6, Malden, MA 02148

$500,000

1,048 sqft

Renovated commercial suite with an open layout, half bath, and storage room, plus public parking in front.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Cleared Commercial Land on Route 1

25 Popes Ln, Danvers, MA 01923

$1,449,999

Prime commercial land on Route 1 in Danvers, Massachusetts.

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Garage Parking on K Street

400-R K, Boston, MA 02127

$150,000

183 sqft

Rare garage parking available in Boston's K Street area.

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Garage Parking Space

400-R K, Boston, MA 02127

$150,000

183 sqft

Single-car garage parking space with 9-by-20 dimensions and established rental history.

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Vacant Building on 13 Acres

1250 Turnpike St, North Andover, MA 01845

$899,000

13.00 AC lot

13 acres with vacant building along Route 114.

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Off-Market Properties in Melrose, MA

Consider similar Off-Market properties in Melrose, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RETAIL STORES (PERSONAL SERVICES)

371 Franklin St, Melrose, MA 02176-1854

Unit 377

Value Estimation by Request

2,288 sqft 0.09 AC lot

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SERVICE STATION (FULL SERVICE)

401 Upham St, Melrose, MA 02176-3430

Value Estimation by Request

1,006 sqft 0.18 AC lot

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RETAIL STORES (PERSONAL SERVICES)

437 Franklin St, Melrose, MA 02176-1855

Unit 445

Value Estimation by Request

4,448 sqft 0.11 AC lot

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PARKING LOT

433-437 Main St, Melrose, MA 02176

$4,900,000

Estimated value

0.17 AC lot

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RESTAURANT

506 Main St, Melrose, MA 02176-3819

Unit 514

Value Estimation by Request

3,445 sqft 0.18 AC lot

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RESTAURANT

521 Franklin St, Melrose, MA 02176-1742

Unit 529

$3,100,000

Estimated value

6,973 sqft 0.31 AC lot

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RETAIL STORES (PERSONAL SERVICES)

689 Main St, Melrose, MA 02176-2707

Unit 697

$1,320,000

Estimated value

2,795 sqft 0.11 AC lot

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RETAIL STORES (PERSONAL SERVICES)

681 Main St, Melrose, MA 02176-2707

Unit 687

$1,300,000

Estimated value

3,538 sqft 0.08 AC lot

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RESTAURANT

411 Main St, Melrose, MA 02176-3837

Unit 417

$1,735,000

Estimated value

3,192 sqft 0.09 AC lot

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FINANCIAL BUILDING

439 Main St, Melrose, MA 02176-3837

Unit 445

$4,585,000

Estimated value

14,468 sqft 0.17 AC lot

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RETAIL STORES (PERSONAL SERVICES)

475 Main St, Melrose, MA 02176-3837

Unit 481

Value Estimation by Request

2,677 sqft 0.07 AC lot

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RETAIL STORES (PERSONAL SERVICES)

462 Main St, Melrose, MA 02176-3842

$3,700,000

Estimated value

6,747 sqft 0.19 AC lot

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RESTAURANT

44 Wyoming Ave, Melrose, MA 02176-3745

Value Estimation by Request

1,019 sqft 0.08 AC lot

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RETAIL STORES (PERSONAL SERVICES)

31-33 Wyoming Ave, Melrose, MA 02176-4625

Unit 33

$1,975,000

Estimated value

742 sqft 0.40 AC lot

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RETAIL STORES (PERSONAL SERVICES)

484 Main St, Melrose, MA 02176-3841

Unit 490

$2,030,000

Estimated value

18,065 sqft 0.19 AC lot

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RETAIL STORES (PERSONAL SERVICES)

12-16 Essex St, Melrose, MA 02176

$2,130,000

Estimated value

2,520 sqft 0.13 AC lot

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RETAIL STORES (PERSONAL SERVICES)

57 Upham St, Melrose, MA 02176-3531

Value Estimation by Request

1,300 sqft 0.12 AC lot

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AUTO REPAIR, GARAGE

178-182 Tremont St, Melrose, MA 02176

Value Estimation by Request

12,494 sqft 0.47 AC lot

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RESTAURANT

447 Main St, Melrose, MA 02176-3837

Unit 453

Value Estimation by Request

3,100 sqft 0.18 AC lot

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FINANCIAL BUILDING

108 Main St, Melrose, MA 02176-6104

$1,565,000

Estimated value

3,596 sqft 0.29 AC lot

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RETAIL STORES (PERSONAL SERVICES)

667-669 Main St, Melrose, MA 02176

$810,000

Estimated value

2,928 sqft 0.09 AC lot

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GROCERY, SUPERMARKET

453 Franklin St, Melrose, MA 02176-1855

Unit 463

$1,485,000

Estimated value

4,580 sqft 0.11 AC lot

View details

Melrose, MA Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Melrose, MA on our real estate platform. These investment opportunities span a total of 8,896 square feet of properties for sale, with an estimated market value of $1,599,900.

Sale prices for stores in Melrose, MA start at $799,900, averaging $799,950, and reaching up to $800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 29K

Population Growth (5Y) +4.9%

Median Household Income $126,854

College Educated 90.3%

High-Yield Neighborhoods for Investment

Identify Melrose submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
02176	$974.9K

Taxes & Financing

Tax Rate (average for all types) 1.63%

Property Tax per SF $9.48 per SF

Tax Rate vs County Average 0.13 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Middlesex County

New Delisted

Total CRE Inventory on Market (SF)

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Melrose, MA Retail Properties & Spaces for Sale

437 Franklin Street, Melrose, MA USA, Melrose, MA 02176

437-445 Franklin St., Melrose, MA 02176

Opportunities in Nearby Cities

1 Glenwood St #6, Malden, MA 02148

144 Broadway, Saugus, MA 01906

177 Central St, Saugus, MA 01906

1 Glenwood St, #6, Malden, MA 02148

Potential Development Sites for Consideration

25 Popes Ln, Danvers, MA 01923

400-R K, Boston, MA 02127

400-R K, Boston, MA 02127

1250 Turnpike St, North Andover, MA 01845

Off-Market Properties in Melrose, MA

371 Franklin St, Melrose, MA 02176-1854

401 Upham St, Melrose, MA 02176-3430

437 Franklin St, Melrose, MA 02176-1855

433-437 Main St, Melrose, MA 02176

506 Main St, Melrose, MA 02176-3819

521 Franklin St, Melrose, MA 02176-1742

689 Main St, Melrose, MA 02176-2707

681 Main St, Melrose, MA 02176-2707

411 Main St, Melrose, MA 02176-3837

439 Main St, Melrose, MA 02176-3837

475 Main St, Melrose, MA 02176-3837

462 Main St, Melrose, MA 02176-3842

44 Wyoming Ave, Melrose, MA 02176-3745

31-33 Wyoming Ave, Melrose, MA 02176-4625

484 Main St, Melrose, MA 02176-3841

12-16 Essex St, Melrose, MA 02176

57 Upham St, Melrose, MA 02176-3531

178-182 Tremont St, Melrose, MA 02176

447 Main St, Melrose, MA 02176-3837

108 Main St, Melrose, MA 02176-6104

667-669 Main St, Melrose, MA 02176

453 Franklin St, Melrose, MA 02176-1855

Melrose, MA Retail Properties & Spaces Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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