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    Four-Unit Retail Strip
    Updated: Apr 12
    Four-Unit Retail Strip

    18-20 Essex St, Melrose, MA 02176

    Contact for pricing
    Four‑unit retail strip in Melrose Center
    Fully leased retail property
    Established tenant base with remaining lease terms
    Near many residential units
    Ample parking available
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Melrose, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Washington Street Retail Portfolio
    Washington Street Retail Portfolio

    4507-4525 Washington St, Boston, MA 02131

    $8,000,000
    1.75 AC lot

    Five retail assets available in Boston's Roslindale neighborhood.

    View details
    Commercial Retail Strip with Parking
    Commercial Retail Strip with Parking

    1459-1469 River St, Boston, MA 02136

    $1,495,000
    0.21 AC lot

    Four-unit retail strip with parking lot in Hyde Park.

    View details
    Freestanding Retail Shopping Center
    Freestanding Retail Shopping Center

    255 Grossman Drive, Braintree, MA 02184

    Contact for pricing
    27,500 sqft

    Fully leased retail condominium with two established retail occupants and extended lease term.

    View details
    Grocery-Anchored Shopping Center
    Grocery-Anchored Shopping Center

    350 Grossman Dr, Braintree, MA 02184

    Contact for pricing

    Power center component with national retail tenants and direct proximity to Route 3 in Braintree.

    View details

    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.

    880 Main St, Unit 894
    REGIONAL SHOPPING CENTER, MALL

    880 Main St, Melrose, MA 02176-2346

    Unit 894
    $8,850,000
    Estimated value
    49,217 sqft 4.38 AC lot
    View details
    897 Main St
    REGIONAL SHOPPING CENTER, MALL

    897 Main St, Melrose, MA 02176-2322

    $3,020,000
    Estimated value
    14,550 sqft 1.45 AC lot
    View details

    Melrose, MA Shopping Centers Market Trends and Statistics

    Explore 3 shopping centers for sale in Melrose, MA on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 3
    Shopping centers 1
    Showrooms 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) +4.9%
    Median Household Income $126,854
    College Educated 90.3%

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Middlesex County

    Retail

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