Melrose Redevelopment Potential! Close to downtown! Zoning states a Special Permit is needed to tear down and rebuild a mixed use building. (Variance not required unless developer chooses that path) A zoning analysis and parking layout shows you can fit 10-12 parking spots. Current FAR (2.0) allows up to 11,500sf building. Zoning also states a possibly bigger building (FAR 3.5/up to 20,000sf) and reduced/substitute parking with 1 &/or 2 additional Special Permits. See Melrose zoning codes 235-8.2 “Density Incentives Allowed in BA-1 and BA-2 Districts”. Currently a 3 family. Bus and commuter rail stops are both within a few minutes walk. Routes 1, 93 and the Subway are all about a 5 min drive. Agent/Seller makes no representations. All due diligence is the buyer’s responsibility.
- Sewer:
- On-site, Public Sewer
- Water:
- On-site, Public
- Disclosure:
- are approximate. Buyers and buyer agents are advised to independently verify all information for extactness.
- Electric Feature:
- On-site
- Road Type:
- Paved
- Gas:
- On-site
- Market Time:
- 4
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- BA1
- Orig Price:
- $1,499,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Melrose
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02176
- Longitude:
- W72° 56' 4.1''
- Latitude:
- N42° 27' 10.8''
Land
71-73 Grove St, Melrose, Massachusetts
- Property Type :
- Land
- Listing Type :
- For Sale
- Price :
- $1,499,000
- Lot Area :
- 0.13 Acre
- Listing ID :
- 73479049
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
