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26 Essex St, Melrose MA 02176

Melrose, MA 02176
$725,000
Est. $4,586/month
3,634
Sq Ft
$200
Price/Sq Ft
0.07
Acres
1959
Year Built
37
Days on Market
Pending Listed Nov 17, 2025 • MLS# 73455449 Copied!

About this home

Prime long-term investment opportunity in the heart of Melrose. Located at 26 Essex Street, this specialty veterinary clinic property is fully leased through 2040, providing a stable and predictable income stream for investors. The well-maintained building consists of 2 full levels, offering a flexible layout suited for veterinary and other medical related practices. Situated in downtown Melrose, adjacent to Shaw’s, with excellent visibility and convenient access to public parking, this asset combines reliable tenancy with strong location fundamentals — an ideal addition to any investment portfolio. Minimal landlord expenses(see attachment).

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Property Overview

Listing Type
Commercial Sale
Year Built
1959
Living Area
3,634 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1959
Living Area 3,634 sq ft
Lot Size 0.07 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 $8,638

Interior Features

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

Construction & Materials

Year Built: 1959
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

26 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

7 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
A
Roosevelt School
0.7 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
Early Childhood Center
0.7 mi
246 students Moderate
Grades PK-K
A-
Herbert Clark Hoover School
0.9 mi | #218 of 824 | Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students Moderate
Grades K-05
A+
Horace Mann School
1.0 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
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
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 $720
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

Market Insights

Property Timeline

⏳
Pending Sale
Dec 12, 2025
Offer accepted, sale pending
🏠
Listed for Sale
Nov 17, 2025
$725,000
Original listing
Agent: Jason Madden Office: Pondfield Commercial Group
🏠
Listed for Sale
Nov 17, 2025
$725,000
Original listing
Agent: Jason Madden Office: Pondfield Commercial Group
🏠
Listed for Sale
Nov 17, 2025
$725,000
Original listing
Office: Pondfield Commercial Group

Price & Status History

Date Event Price Change
Nov 17, 2025 New Listing Added $725,000 —
Nov 17, 2025 New Listing Added $725,000 —
Nov 17, 2025 New Listing Added $725,000 —

Market Statistics

Days on Market
37 days
Price per Sq Ft
$200

Tax History

Year Taxes Assessment
2025 $8,638 —

Financial Details

Annual Property Tax
$8,638
Tax Year 2025

Listing Information

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.

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Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

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