Set in the heart of Auburndale Village, this site 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 4 stories with tight setbacks. This is a unique opportunity, don’t miss out! **Rare By-Right Opportunity** This is a Broker marketed sale by Trustee and authorized by bankruptcy court. Sale by order and Trustee deed but otherwise as is, where is. Will sell with clear title, marketable insurance and free of liens and encumbrances.
- Disclosure:
- Energy efficient heat pumps installed 2024 service the entire house except for the primary and office which are heated by oil tank. Primary fireplace installed 2024., List Broker is also property manager., Artwork in the living room and furniture in the family/entertainment room is virtually staged., Refrigerator in basement is not staying, Subject to sellers finding suitable housing. They are actively looking. Audio and Visual cameras active on the house
- Area:
- Auburndale
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- VC2 or MR1
- Orig Price:
- $8,999,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Newton
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02466
- Longitude:
- W72° 45' 2.8''
- Latitude:
- N42° 20' 48.7''
Commercial Sale
283 Melrose Street, Newton, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $8,999,000
- Year Built :
- 2020
- Lot Area :
- 1.01 Acre
- Listing ID :
- 73506948
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com