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681-697 Main St, Melrose MA 02176

Melrose, MA 02176
$60
Est. $1,034/month
0.20
Acres
2025
Year Built
155
Days on Market
Active Listed Sep 22, 2025 • MLS# 73433999 Copied!

About this home

New construction in Melrose! Former “Carusos Pizza” building to be demo’d and a new 4 story mixed use building will take its place.Approximately 4,000 square feet of Main St retail space. All Main St commercial spaces come with full height basements -included. Additonally, there is 4,400 square feet of second floor commercial space overlooking Main St and Ell Pond. Layouts are flexible. Spaces can be sized to fit tenants needs. Main St plans call for a restaurant space to be situated next to the municipal parking lot, facing Ell Pond. There are 42 free, municipal parking spots located adjacent to the property, as well as on-street parking, on both sides of Main St.Estimated delivery is First Quarter 2027. Call to discuss pricing, and delivery conditions.

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Property Overview

Listing Type
Commercial Lease
Year Built
2025

Facts & Features

Home Facts

Type Commercial Lease
Year Built 2025
Lot Size 0.20 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 $9,999

Interior Features

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

Construction & Materials

Year Built: 2025
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

681-697 Main 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
0.5 mi
Grades PK-08
Early Childhood Center
0.5 mi
246 students Moderate
Grades PK-K
A
Winthrop School
0.6 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
0.4 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
H

High Schools

1 school
A-
Stoneham High School
1.6 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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Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $833
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
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Current Rate
$0/mo
+0.5% Rate
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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
Sep 22, 2025
$60
Original listing
Agent: Jason Madden Office: Pondfield Commercial Group

Price & Status History

Date Event Price Change
Sep 22, 2025 New Listing Added $60

Market Statistics

Days on Market
155 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $9,999

Financial Details

Annual Property Tax
$9,999
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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681-697 Main St, Melrose MA 02176 - Photo 1 681-697 Main St, Melrose MA 02176 - Photo 2
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