$1,350,000
About this home
Rare opportunity in Melrose offering flexibility for investors, developers and owner-users alike. 174 Green Street features a substantial existing building of approximately 7,000 sq. ft. on a prominent BA1-zoned parcel, creating multiple possibilities for both immediate use and future redevelopment. The existing building offers significant usable space and three-phase power, while the site's zoning and location may provide compelling potential for a mixed-use residential and commercial concept. Conveniently positioned near downtown Melrose, the Melrose Highlands Commuter Rail and access to Oak Grove and Boston, the property combines visibility, accessibility and long-term upside in one of Greater Boston's most desirable communities. An increasingly rare opportunity to acquire a sizable, versatile property in Melrose at a newly improved price. Buyers and buyers' agents to perform their own due diligence regarding zoning, permitting and intended use.
Property details
- MLS #
- 73556751
- Property type
- 5-9 Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 57
- On market date
- July 29, 2026
- Stories
- 2
- Total bathrooms
- 1.5
- Garage spaces
- 1
- Parking spaces
- 1
- Lot size
- 0.23 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 198
- Student:teacher ratio
- 13.2:1
- District
- Melrose
- Enrollment
- 844
- Student:teacher ratio
- 14.3:1
- District
- Melrose
- Enrollment
- 923
- Student:teacher ratio
- 13.4:1
- District
- Melrose
Walkability
Blended score for Melrose's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 6 days ago.
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.