12-16 Essex St, Melrose MA 02176

Melrose, MA 02176

$45

Est. $283/month

1,600

Sq Ft

$0

Price/Sq Ft

0.13

Acres

2026

Year Built

9 hours 16 minutes

Time on Market

Active Listed Mar 21, 2026 • MLS# 73489971 Copied!

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About this home

Brand New Construction in Downtown Melrose! Located across from City Hall, Just off Main Street, this new construction commercial unit will be available at the end of April. 2 Handicapped bathrooms, Fully sprinkled, Open floor plan, 10'+ ceilings, black iron to the roof. BA-1 zoning offers a variety of commercial uses. Additional details to follow. This will be a triple net lease. Triple net expense are estimated at $7/sf( subject to change-to be used as a place holder).

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Property Overview

Listing Type

Commercial Lease

Year Built

2026

Living Area

1,600 sq ft

Facts & Features

New Construction

Home Facts

Type Commercial Lease

Year Built 2026

Living Area 1,600 sq ft

Lot Size 0.13 acres

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Utilities

Electric None

Water None

Sewer None

Gas None

Other None

Financial

Annual Tax $999

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 2026

Structure Type:

Exterior Materials:

Roof:

Foundation:

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source:

Sewer:

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

12-16 Essex St, Melrose MA 02176

Melrose, MA 02176

Walkability

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Nearby Schools

School District

Melrose School District local

A

✓ School Safety 2024-25

0.6% Low

0.4% Suspensions 0.4% In-School 0.2% Emergency

↓ 4.9% below state avg

E

Elementary Schools

3 schools

St. Mary Elementary School

0.3 mi

Grades PK-08

A

Lincoln School

0.4 mi | #130 of 824 | Score: 57.6

Improved 194 spots from last year

-0.6 below state avg

404 students Diverse

Rising School

Grades K-05

A

Winthrop School

0.7 mi | #89 of 824 | Score: 59.8

Improved 1 spots from last year

+1.6 above state avg

392 students Less Diverse

Strong Attendance

Grades K-05

M

Middle Schools

1 school

A-

Melrose Middle School

0.6 mi | #92 of 352 | Score: 50.4

Improved 6 spots from last year

-7.8 below state avg

886 students Moderate

Grades 06-08

H

High Schools

1 school

A-

Stoneham High School

1.7 mi | #91 of 346 | Score: 61.0

Improved 37 spots from last year

+2.8 above state avg

599 students Moderate

17 sports • 1,334 athletes

High Graduation Rate Rising School College Ready Curriculum Strong Athletics

Grades 09-12

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Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $83

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

Total interest paid $0

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Payment Over Time

Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠

Listed for Sale

Mar 21, 2026

$45

Original listing

Agent: Jason Madden Office: Pondfield Commercial Group

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
03/21/2026	🏠 Listed for Sale	$45	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Mar 21, 2026	New Listing Added	$45	—

Market Statistics

Time on Market

9 hours 16 minutes

Price per Sq Ft

$0

Tax History

Year	Taxes	Assessment
2026	$999	—

Financial Details

Annual Property Tax

$999

Tax Year 2026

Listing Information

Listing Agent Jason Madden

Listing Office Pondfield Commercial Group

Agent MLS ID BB802512

Office MLS ID AN2193

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.