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    Melrose, MA
    Strip Mall

    Melrose, MA Strip Malls for Sale

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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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Melrose, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Retail Strip Center with Convenience Store
    Retail Strip Center with Convenience Store

    464 East Ashland st, Brockton, MA 02302

    $1,100,000
    6,350 sqft 1.07 AC lot

    Strip center with five units, including a convenience store occupying two units, with 50 parking spaces and two separate parcels.

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    Four-Unit Retail Strip with Parking
    Four-Unit Retail Strip with Parking

    1459-1469 River Street, Boston, MA 02136

    $1,495,000
    0.21 AC lot

    Four-unit retail strip plus an additional vacant parking lot parcel offers flexible options for owner-users and investors.

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    Three-Tenant Neighborhood Shopping Center
    Three-Tenant Neighborhood Shopping Center

    240 East Ashland Street, Brockton, MA 02302

    Contact for pricing

    Retail center with grocery, pharmacy, and food-service tenancy, including a pad-site ground lease.

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    Mixed-Use Retail and Residential Portfolio
    Mixed-Use Retail and Residential Portfolio

    373 Neponset Avenue, Boston, MA 02122

    Contact for pricing

    Strip of commercial properties includes 7 occupied businesses, 2 renovated units available, and a vacant two-unit residential building.

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    Melrose, MA Strip Malls Market Trends and Statistics

    Explore 1 strip malls 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
    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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