$320,000
About this home
Step into a rare opportunity to own a piece of local history with modern versatility. Originally built in 1885, this charming historic home blends timeless character with numerous updates that enhance both comfort and functionality. Ideally situated on the town’s main thoroughfare, the property offers exceptional visibility and accessibility—perfect for a variety of commercial uses. Inside, you’ll find a thoughtfully updated interior that retains its classic architectural details while incorporating contemporary improvements. The flexible layout lends itself seamlessly to professional office space, boutique retail, or a live/work setup. Generous rooms can be configured for private offices, meeting areas, or client-facing spaces. The property is currently zoned residential but is located in the Melrose Rural Cluster and therefore could be rezoned for a business use. "Rural Cluster" is a type of zoning that allows more flexibility than typical zoning- it would allow small-scale businesses - so long as it stays low-impact and fits the rural character of the area. Adding to its appeal, the property provides the unique option for an owner-occupant to live on-site, making it an ideal choice for entrepreneurs or small business owners seeking convenience and efficiency. Whether you’re looking to establish your business in a high-traffic location or invest in a distinctive property with dual-use potential, this historic gem delivers unmatched charm, visibility, and opportunity. Seller is open to owner financing.
Property details
- MLS
- Stellar MLS
- MLS #
- MFRGC539635
- Property type
- Mixed Use
- Subdivision
- N/A
- Status
- Active
- Days on market
- 106
- On market date
- April 28, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.24 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 386
- Student:teacher ratio
- 16.1:1
- District
- PUTNAM
- Enrollment
- 1,236
- Student:teacher ratio
- 18.4:1
- District
- CLAY
Walkability
Blended score for MELROSE's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in MELROSE, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 12, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.