About 174 Green St
Prime development opportunity at 174 Green Street in Melrose. Situated on a highly visible 0.24-acre (10,454 sq. ft.) lot with steady daily traffic, this versatile site offers a high-yield footprint for a high-density residential build featuring a street-level retail component. Flexible BA1 zoning provides a clear pathway to maximize residential square footage while capturing ground-floor commercial value. The existing ~7,000 sq. ft. structure offers immediate utility or short-term cash flow while navigating entitlements. Unbeatable transit-oriented location moments from the Melrose Highlands Commuter Rail, Oak Grove (Orange Line), and vibrant downtown Melrose guarantees strong demand for future residential units and retail tenants alike. Capitalize on a rare, scalable parcel in a premier suburban market. Buyers and their agents to perform all due diligence regarding zoning, permitting, density, and specific allowable uses.
Features of 174 Green St
| MLS® # | 73556751 |
|---|---|
| Price | $1,499,000 |
| Bathrooms | 1.50 |
| Half Baths | 3 |
| Square Footage | 7,000 |
| Acres | 0.23 |
| Year Built | 9999 |
| Type | Residential Income |
| Sub-Type | 5-9 Family |
| Status | Active |
Community Information
| Address | 174 Green St |
|---|---|
| City | Melrose |
| County | Middlesex |
| State | MA |
| Zip Code | 02176-1920 |
Amenities
| Parking Spaces | 1 |
|---|---|
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 2 |
| Stories | 2 |
Exterior
| Lot Description | Other |
|---|---|
| Foundation | Other |
Additional Information
| Zoning | BA1 |
|---|
Listing Details
| Agent | Lento + Rivkind Real Estate Team |
|---|---|
| Office | Coldwell Banker Realty - Boston |