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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 |
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
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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 |
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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