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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 - 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
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
Building Info
Office Sq. Ft.   751
Office Units   1
Retail Units   0
Resi. Sq. Ft.   752
Resi. Units   1
Wrhse. Units   2021
Total Units   2
Total Sq. Footage   0
Features
# Restrooms   2
Construction   Frame
Driving Doors   0
Easements   0
Elevator   No
Handicap Accessible   Yes
Loading Docks   0
Location   Downtown
Parking   Open, 21+
   Spaces, Paved Driveway,
   On Site, Shared
Roof   Shingle,
   Asphalt/Fiberglass
   Shingles
Sprinklers   No
Traffic Count   0
Utilities   Public Water,
   Public Sewer, Natural
   Gas, 220 Volts
Financial Info
Building Assessed Value   $221,700 Gross Annual Income   $25,200 Land Assessed Value   $310,500
Additional Information
21E on File   No
Deed   Book: 30738, Page:
   587
Disclosure Declaration  
   Yes
Disclosures   Seller
   operated business in
   office space for 20yrs.
   Office space is now
   unused
Exchange   No
Foreclosure   No
Lease   No
Parcel #   M:0D8 P:0000022
Short Sale   No
Site Condition   Dry
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

Courtesy: MLSPIN

Listing Office: RE/MAX Unlimited Listing Agent: John McMillan


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The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.