45 W Foster St, Melrose, MA 02176

$1,800,000
2
BA
4,150
SqFt

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List Price
$1,800,000
Status
ACTIVE
MLS#
73584994
Bathrooms
2
Living Area
4,150
Lot Size (Acres)
0.1
Year Built
1953

Property Description

A rare downtown Melrose opportunity. 45 West Foster Street is a freestanding, single-story commercial building positioned in one of the most visible and active locations in the heart of downtown Melrose. Offered to the market for the first time in approximately 40 years, the property sits directly along West Foster Street and within the Main Municipal Parking Lot, surrounded by established downtown destinations including Shaw’s, CVS, Turner’s Seafood, Bruegger’s Bagels and Caffè Nero.Featuring an open, single-unit floor plan, outstanding visibility, exceptional access to municipal parking and flexible **BA-1 zoning**, the property offers tremendous potential for a wide variety of commercial users, owner-occupants and investors. Opportunities with this combination of location, visibility, parking and downtown positioning are exceptionally difficult to find in Melrose.45 West Foster Street is a truly unique offering in the downtown market. Offers due October 15, 2026

Additional Information

Taxes
$15,993

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Listing courtesy of Listing Agent: Jason Madden from Listing Office: Pondfield Commercial Group.

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