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174 Green St, Melrose MA 02176

Melrose, MA 02176
$2,250,000
Est. $13,111/month
0.24
Acres
1954
Year Built
5 hours 1 minute
Time on Market
Active Listed Mar 20, 2026 • MLS# 73489470 Copied!

About this home

Prime commercial opportunity at 174 Green Street offering immediate utility for owner-occupants and exceptional upside for developers. Situated on a highly visible 0.24-acre (10,454 sq. ft.) lot with steady daily traffic, the versatile, approximately 7,000 sq/ft commercial building is equipped with phase 3 power ready for business use. For developers, this site is a high-yield candidate for a mixed-use commercial and residential build with BA1 zoning. The location offers unbeatable transit access with close proximity to the Melrose Highlands Commuter Rail, Oak Grove (Orange Line), and vibrant downtown Melrose. Capitalize on a rare footprint with multiple paths to ROI in a high-demand market. Buyers and their agents to perform all due diligence regarding zoning, permitting, and specific uses.

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Property Overview

Listing Type
Commercial Sale
Year Built
1954

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1954
Lot Size 0.24 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 Public Water, Public Sewer

Financial

Annual Tax $18,408

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1954
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

174 Green 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

7 schools
St. Mary Elementary School
1.0 mi
Grades PK-08
Early Childhood Center
0.1 mi
246 students Moderate
Grades PK-K
A+
Horace Mann School
0.3 mi | #79 of 824 | Score: 60.5
Dropped 73 spots from last year
+2.3 above state avg
254 students Less Diverse
Strong Attendance
Grades K-05
A
Roosevelt School
0.6 mi | #124 of 824 | Score: 57.9
Improved 100 spots from last year
-0.4 below state avg
406 students Moderate
Rising School Strong Attendance
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
A
Lincoln School
1.1 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-
Herbert Clark Hoover School
1.2 mi | #218 of 824 | Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students Moderate
Grades K-05
M

Middle Schools

1 school
A-
Melrose Middle School
0.4 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,534
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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 20, 2026
$2,250,000
Original listing
Agent: Lento + Rivkind Real Estate Team Office: Coldwell Banker Realty - Boston

Price & Status History

Date Event Price Change
Mar 20, 2026 New Listing Added $2,250,000 —

Market Statistics

Time on Market
5 hours 1 minute
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2026 $18,408 —

Financial Details

Annual Property Tax
$18,408
Tax Year 2026

Listing Information

Listing Agent Lento + Rivkind Real Estate Team
Listing Office Coldwell Banker Realty - Boston
Agent MLS ID TM357624
Office MLS ID AN6192
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Melrose, MA

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