12 Essex St, Melrose MA 02176
Melrose, MA 02176
$45
$40/mo
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About this home
Brand New Construction in Downtown Melrose! Located across from City Hall, Just off Main Street, this new construction commercial unit will be available at the end of April. 2 Handicapped bathrooms, Fully sprinkled, Open floor plan, 10'+ ceilings. BA-1 zoning offers a variety of commercial uses. Additional details to follow. This will be a triple net lease. Triple net expense are estimated at $8/sf( subject to change-to be used as a place holder). Size of space is approximate and should be verified by tenant.
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Price & Status History
Market Insights
1
Price Changes
11.1%
Price Range
Property Timeline
Price Reduced
Oct 18, 2026
$40
$5
(-11.11%)
From $45 to $40 (-11.1%)
Listed for Rent
Jun 25, 2026
$45
Original listing
Agent: Jason Madden
Office: Pondfield Commercial Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/18/2026 | ↓ Price Reduced | $40 | $5 | - | From $45 to $40 (-11.1%) |
| 06/25/2026 | 🏠 Listed for Rent | $45 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $999 | — |
Financial Details
Annual Property Tax
$999
Tax Year 2026
Facts & Features
New Construction
Home Facts
Type
Commercial Lease
Year Built
2026
Living Area
1,600 sq ft
Lot Size
0.13 acres
Rental Details
Rent Includes
None
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
None
Building & Pet Policy
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Middlesex
Property Overview
Listing Type
For Rent
Year Built
2026
Living Area
1,600 sq ft
Floor Layout
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
2026
Structure Type:
Exterior Materials:
Roof:
Foundation:
Utilities & Systems
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Melrose School District local
A
School Safety
2024-25
0.6%
Low
0.4%
Suspensions
0.4%
In-School
0.2%
Emergency
4.9% below state avg
Elementary Schools
3 schools
St. Mary Elementary School
0.3 mi
Grades PK-08
A-
Lincoln School
0.4 mi
|
#205 of 825
|
Score: 54.6
Improved 119 spots from last year
-3.6 below state avg
387 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades K-05
A+
Winthrop School
0.7 mi
|
#79 of 825
|
Score: 60.3
Improved 11 spots from last year
+2.1 above state avg
372 students
Less Diverse
Strong Attendance
Grades K-05
Middle Schools
3 schools
A-
Melrose Middle School
0.6 mi
|
#89 of 352
|
Score: 50.7
Improved 9 spots from last year
-7.5 below state avg
830 students
Moderate
Grades 06-08
C+
Saugus Middle School
2.2 mi
|
#247 of 352
|
Score: 36.4
Improved 64 spots from last year
-21.8 below state avg
612 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
B+
Stoneham Central Middle School
2.5 mi
|
#129 of 352
|
Score: 46.2
Dropped 30 spots from last year
-12 below state avg
678 students
Moderate
Strong Attendance
Grades 05-08
High Schools
3 schools
A-
Stoneham High School
1.7 mi
|
#89 of 346
|
Score: 61.7
Improved 39 spots from last year
+3.5 above state avg
598 students
Moderate
17 sports
• 1,334 athletes
Strong AP Program
High Graduation Rate
Rising School
College Ready Curriculum
Grades 09-12
C+
Malden High School
2.0 mi
|
#225 of 346
|
Score: 49.9
Improved 73 spots from last year
-8.3 below state avg
1,792 students
Very Diverse
14 sports
• 856 athletes
Strong AP Program
Early College Program
Rising School
Diverse Student Body
Grades 09-12
C
Saugus High School
2.2 mi
|
#265 of 346
|
Score: 46.1
Improved 3 spots from last year
-12.1 below state avg
695 students
Diverse
17 sports
• 972 athletes
College Ready Curriculum
Strong Athletics
Diverse Student Body
Grades 09-12
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Location
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Neighborhood
12 Essex St, Melrose MA 02176
Melrose, MA 02176
Listing Information
Listing Agent
Jason Madden
Listing Office
Pondfield Commercial Group
Office Phone
781-662-1700
Agent MLS ID
BB802512
Office MLS ID
AN2193
Listing Data Updated
Oct 22, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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