283 Melrose St - Commercial LAND FOR SALE


Auburndale, MA 02466 43,560 SF
$16,500,000 USD
617-633-7703
283 Melrose St, Auburndale, MA for Sale
$16,500,000 USD
Commercial LAND - FOR SALE
1/20
43,560 SF

283 Melrose St
Auburndale, MA 02466


OVERVIEW

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. (See attachments)

FOR SALE DETAILS

PRICE

$16,500,000 USD

PRICE/ACRE

$16,500,000/AC

PRICE/SF

$379 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Multi-Family, Hospitality, Apartment Units, Apartment Units - Condo, Day Care Center, Hotel, Restaurant, Storefront, Storefront Retail/Office, Storefront Retail/Residential

LAND ACRES

1 AC

LAND SF

43,560 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas

ZONING

VC2/MR1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ward ShifmanColdwell BankerMore Info
617-633-7703

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Ward ShifmanColdwell BankerMore Info
617-633-7703

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.