371-377 Franklin St. st - Retail FOR SALE


Melrose, MA 02176- Melrose Highlands
$1,100,000 USD
978-804-4450
371-377 Franklin St. st, Melrose, MA for Sale
$1,100,000 USD
Retail - FOR SALE
1/24
null | Request Cap Rate

371-377 Franklin St. st
Melrose, MA 02176
Melrose Highlands


HIGHLIGHTS

  • Redevelopment opportunity
  • MBTA station steps away

OVERVIEW

Introducing a prime investment opportunity in the heart of Melrose, MA. This meticulously-maintained 2,288 SF 3 unit building offers a lucrative venture in the thriving Melrose Market. With a coveted BA-2 zoning, this property presents a wealth of possibilities for Retail / Street Retail and mixed-use investors and developers. Located only steps away to the Melrose MBTA line this is the transit oriented development site you've been waiting for.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$240 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

BA2

APN/PARCEL ID

MELR-000012C-000000-000042

ASK ABOUT THIS PROPERTY

Gianni De PalmaGDP Real Estate Group, LLCMore Info
978-804-4450

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Gianni De PalmaGDP Real Estate Group, LLCMore Info
978-804-4450

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