Melrose, MA Retail Space for Sale

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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 37 Potential Opportunities for your consideration. Besides 1 Active listings in Melrose, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 31 Off-Market properties to explore as potential leads, plus 1 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.

Well-Maintained Commercial Building For Sale

365 Salem St, Medford, MA 02155

$999,000

4,100 sqft

Turnkey commercial building with street-level retail and finished lower level.

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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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West Medford Commercial Building For Sale

438-440 High St, Medford, MA 02155

$1,750,000

0.14 AC lot

Commercial building in West Medford with development potential.

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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.

PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000

2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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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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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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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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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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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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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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RETAIL STORES (PERSONAL SERVICES)

20 Essex St, Melrose, MA 02176-3102

$640,000

Estimated value

4,148 sqft 0.11 AC lot

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RETAIL STORES (PERSONAL SERVICES)

516 Main St, Melrose, MA 02176-3819

Unit 522

$1,730,000

Estimated value

14,376 sqft 0.16 AC lot

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RETAIL STORES (PERSONAL SERVICES)

31-35 Grv St, Melrose, MA 02176

$525,000

Estimated value

2,607 sqft 0.22 AC lot

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RETAIL STORES (PERSONAL SERVICES)

29-33 Essex St, Melrose, MA 02176

$595,000

Estimated value

3,270 sqft 0.15 AC lot

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RETAIL STORES (PERSONAL SERVICES)

45 Foster St, Melrose, MA 02176-3812

$650,000

Estimated value

4,151 sqft 0.10 AC lot

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RETAIL STORES (PERSONAL SERVICES)

533 Franklin St, Melrose, MA 02176-1742

Unit 541

Value Estimation by Request

1,896 sqft 0.05 AC lot

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RETAIL STORES (PERSONAL SERVICES)

461-465 Main St, Melrose, MA 02176

Value Estimation by Request

2,106 sqft 0.06 AC lot

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RETAIL STORES (PERSONAL SERVICES)

301 Foster St, Melrose, MA 02176-4124

$565,000

Estimated value

2,734 sqft 0.09 AC lot

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RETAIL STORES (PERSONAL SERVICES)

416 Main St, Melrose, MA 02176-3842

$815,000

Estimated value

6,036 sqft 0.09 AC lot

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RETAIL STORES (PERSONAL SERVICES)

192 Grn St, Melrose, MA 02176-1920

Value Estimation by Request

2,473 sqft 0.04 AC lot

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RETAIL STORES (PERSONAL SERVICES)

511 Main St, Melrose, MA 02176-3834

Unit 521

$1,120,000

Estimated value

6,665 sqft 0.18 AC lot

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RETAIL STORES (PERSONAL SERVICES)

389-393 Franklin St, Melrose, MA 02176

Value Estimation by Request

2,080 sqft 0.09 AC lot

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Melrose, MA Retail Space Market Trends and Statistics

Explore 32 retail space 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 retail space 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	$799.9K

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 Space for Sale

437-445 Franklin St., Melrose, MA 02176

Opportunities in Nearby Cities

365 Salem St, Medford, MA 02155

1 Glenwood St #6, Malden, MA 02148

438-440 High St, Medford, MA 02155

1 Glenwood St, #6, Malden, MA 02148

Potential Development Sites for Consideration

3229 State Road 207, Elkton, FL 32033

Off-Market Properties in Melrose, MA

371 Franklin St, Melrose, MA 02176-1854

437 Franklin St, Melrose, MA 02176-1855

689 Main St, Melrose, MA 02176-2707

681 Main St, Melrose, MA 02176-2707

475 Main St, Melrose, MA 02176-3837

462 Main St, Melrose, MA 02176-3842

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

667-669 Main St, Melrose, MA 02176

20 Essex St, Melrose, MA 02176-3102

516 Main St, Melrose, MA 02176-3819

31-35 Grv St, Melrose, MA 02176

29-33 Essex St, Melrose, MA 02176

45 Foster St, Melrose, MA 02176-3812

533 Franklin St, Melrose, MA 02176-1742

461-465 Main St, Melrose, MA 02176

301 Foster St, Melrose, MA 02176-4124

416 Main St, Melrose, MA 02176-3842

192 Grn St, Melrose, MA 02176-1920

511 Main St, Melrose, MA 02176-3834

389-393 Franklin St, Melrose, MA 02176

Melrose, MA Retail Space 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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