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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 |
20 |
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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(20+) 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 units
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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 2021
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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 Open, 21+
Spaces, Paved Driveway,
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On Site, Shared
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: 3/3/21 3:05am
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Courtesy: MLSPIN
Listing Office: RE/MAX Unlimited
Listing Agent: John McMillan
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