Set in the heart of Auburndale Village, 283 Melrose Ave offers approximately 43,783 ± sq ft of VC2-zoned land steps to village shops and a short distance to the Commuter Rail. The newly created VC2 district is designed to encourage housing and mixed-use density in Newton’s village centers – making this one of the rare, well-located sites positioned to capitalize on that vision. The property presents multiple paths for value creation, including the potential to sub-divide the lot and pursue multiple buildings up to 3.5 stories with tight setbacks. With two existing condemned structures on site, the offering is being marketed as land for redevelopment. This is a unique opportunity to deliver much-needed residential or mixed-use product in a walkable, transit-served location – an ideal canvas for modern village-center living. More details are available.
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- hybrid hot water tank (gas and electric), Rm rental Tenants are at will except 3rd floor tenant who has a voucher lease at $3400 a month. This property is sold AS-IS. With tenant in place. The seller has never occupied the property, and neither the seller nor the listing agent guarantees the accuracy of the information provided., Agents to verify all information to their satisfaction All deposits held by simple title closing and escrow, minor changes have been made to the floorplan shown
- Electric Feature:
- At Street, On-site
- Gas:
- At Street
- Area:
- Auburndale
- Grade School:
- Williams
- High School:
- South
- Middle School:
- Brown
- Market Time:
- 4
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- VC2 or MR1
- Orig Price:
- $16,500,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Newton
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02466
- Longitude:
- W72° 45' 2.8''
- Latitude:
- N42° 20' 48.7''
Land
283 Melrose Street, Newton, Massachusetts
- Property Type :
- Land
- Listing Type :
- For Sale
- Price :
- $16,500,000
- Lot Area :
- 1.01 Acre
- Listing ID :
- 73451395
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com