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536 Lebanon St
Melrose, MA. 02176-3523
Middlesex County
Directions:
Main St(south Bound) To Lebanon St. Main St(north Bound) To East
Emerson St To Lebanon St.
MLS # 72757034
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Active
Commercial/Industrial Office
| List Price |
$929,000 |
Zoning |
BD |
| List Date |
|
Lot Size |
5,002SF |
| Sale Price |
|
Est. Street Front |
0 |
| Sold Date |
|
Depth |
0 |
| Assessed Value |
$532,200 |
Waterfront |
|
| Days on Market |
|
Taxes |
$5,880.81 |
| Square Footage |
1,503 |
Tax Year |
2020 |
| # Units |
2 |
Parking Spaces |
4 |
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Remarks:
Fantastic Mix-Use opportunity for a small firm to re-locate to Melrose MA. Consistently voted one of the top towns in MA. Located directly across from Melrose/Wakefield Hospital and an easy walk to downtown and Commuter Rail. First floor office suite is perfect for Doctor/Dentist/Accountant/Lawyer/Real Estate firm. Handicap accessible first floor features includes 3 private office spaces, kitchenette, 1/2 bath and reception area, also a finished basement area that could be additional space. Was used as a medical office space in the past but could be perfect for any number of professions. Short walk to Commuter Rail to North Station. Ample parking in rear of building. Second floor 2Bed/1Bath residential unit provides additional income to help reduce expenses. Currently rent to long term tenants at $2100/month. Expansion opportunity into third floor attic space for a duplex unit. Possible condo conversion opportunity with basement and attic being partially finished. Two duplex unit
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| Building Info |
Office Sq. Ft. 751
Office Units 1
|
Retail Units 0
Resi. Sq. Ft. 752
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Resi. Units 1
Wrhse. Units 2020
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Total Units 2
Total Sq. Footage 0
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| Features |
# Restrooms 2
Construction Frame
Driving Doors 0
Easements 0
Elevator No
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Handicap Accessible Yes
Loading Docks 0
Location Downtown
Parking 1-10 Spaces,
Open, Paved Driveway,
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On Site
Roof Shingle,
Asphalt/Fiberglass
Shingles
Sprinklers No
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Traffic Count 0
Utilities Public Water,
Public Sewer, Natural
Gas, 220 Volts
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| Financial Info |
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Building Assessed Value $221,700
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Gross Annual Income $25,200
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Land Assessed Value $310,500
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| Additional Information |
21E on File No
Deed Book: 30738, Page:
587
Disclosure Declaration
Yes
Disclosures Seller
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operated business in
office space for 20yrs.
Office space is now
unused
Exchange No
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Foreclosure No
Lease No
Parcel # M:0D8 P:0000022
Short Sale No
Site Condition Dry
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Space Available For Sale
Sublet No
Year Built Source PR
Zone Desc. Legal
Conforming
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Property Last Updated by Listing Office: 11/17/20 3:05am
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Courtesy: MLSPIN
Listing Office: RE/MAX Unlimited
Listing Agent: John McMillan
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