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437-445 Franklin St., Melrose MA 02176

Melrose, MA 02176
$799,900
Est. $5,546/month
4,448
Sq Ft
$180
Price/Sq Ft
0.11
Acres
1914
Year Built
4
Days on Market
Active Listed Feb 17, 2026 • MLS# 73477722 Copied!

About this home

Introducing a prime investment opportunity in the heart of Melrose, MA. This 4,448 SF 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. This transit oriented site sits steps away from the Melrose MBTA line. An opportunity not to be missed!

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Property Overview

Listing Type
Commercial Sale
Year Built
1914
Living Area
4,448 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1914
Living Area 4,448 sq ft
Lot Size 0.11 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $15,613

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1914
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:

Parking & Garage

Parking Features:

Location

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Neighborhood

437-445 Franklin St., Melrose MA 02176

Melrose, MA 02176

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,301
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Feb 17, 2026
$799,900
Original listing
Agent: Gianni De Palma Office: GDP Real Estate Group, LLC

Price & Status History

Date Event Price Change
Feb 17, 2026 New Listing Added $799,900 —

Market Statistics

Days on Market
4 days
Price per Sq Ft
$180

Tax History

Year Taxes Assessment
2025 $15,613 —

Financial Details

Annual Property Tax
$15,613
Tax Year 2025

Listing Information

Listing Agent Gianni De Palma
Listing Office GDP Real Estate Group, LLC
Agent MLS ID CT004592
Office MLS ID AN2491
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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437-445 Franklin St., Melrose MA 02176 - Photo 1 437-445 Franklin St., Melrose MA 02176 - Photo 2
Steven Novak

Steven Novak

BMN Boston Real Estate

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