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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 |
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Lot Size |
5,002SF |
Sale Price |
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Est. Street Front |
0 |
Sold Date |
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Depth |
0 |
Assessed Value |
$532,200 |
Waterfront |
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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
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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 |
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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