403 Franklin St, Melrose MA 02176

Melrose, MA 02176
$2,200/mo
1,241
Sq Ft
0.30
Acres
1989
Year Built
New today
Time on Market
For Rent Listed Oct 20, 2026 • MLS# 73593006 Copied! • Updated Oct 20, 2026

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About this home

First class office space! Strategically positioned in the Melrose Highlands area, this versatile 1,200+ SF commercial space presents an exceptional opportunity for medical or professional office. The first-floor, single level layout offers maximum flexibility with 4 private offices, a waiting room and reception area, plus a dedicated front entrance that ensures excellent visibility and accessibility. Steps from the Highlands commuter rail station, this location combines suburban charm with urban convenience. The thoughtful floor plan includes two bathrooms, a kitchenette and storage, while individually controlled HVAC systems provide year-round comfort. Parking serves the property through both an on-site lot and convenient street parking. This blank canvas awaits your vision and presents an ideal opportunity to customize to your specific business needs. Available December 1st or mutually agreeable date.

Price & Status History

Market Insights

37.1%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Rent
Oct 20, 2026
$2,200
Original listing
Agent: Kate Cote Office: Leading Edge Real Estate
Previous Transaction - MLS #73445044
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 1, 2026
$3,500
MLS #73445044

Tax History

Year Taxes Assessment
2026 $22,700 —

Financial Details

Annual Property Tax
$22,700
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Lease
Year Built 1989
Living Area 1,241 sq ft
Lot Size 0.30 acres

Rental Details

Rent Includes None
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Building & Pet Policy

Fee Includes None
Amenities None
Optional Fee Includes None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Middlesex

Property Overview

Listing Type
For Rent
Year Built
1989
Living Area
1,241 sq ft

Floor Layout

Interior Features

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

Construction & Materials

Year Built: 1989
Structure Type:
Exterior Materials:
Roof:
Foundation:

Utilities & Systems

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:
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
1.1 mi
Grades PK-08
A
Roosevelt School
0.3 mi | #107 of 825 | Score: 58.8
Improved 117 spots from last year
+0.6 above state avg
366 students Moderate
Rising School Strong Attendance
Grades K-05
Early Childhood Center
0.3 mi
247 students Diverse
Grades PK-K
A+
Horace Mann School
0.5 mi | #74 of 825 | Score: 60.6
Dropped 68 spots from last year
+2.3 above state avg
258 students Moderate
Strong Attendance
Grades K-05
A+
Winthrop School
1.1 mi | #79 of 825 | Score: 60.3
Improved 11 spots from last year
+2.1 above state avg
372 students Less Diverse
Strong Attendance
Grades K-05
A-
Lincoln School
1.2 mi | #205 of 825 | Score: 54.6
Improved 119 spots from last year
-3.6 below state avg
387 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
A-
Herbert Clark Hoover School
1.6 mi | #204 of 825 | Score: 54.6
Dropped 74 spots from last year
-3.6 below state avg
266 students Moderate
Strong Attendance
Grades K-05
M

Middle Schools

1 school
A-
Melrose Middle School
0.3 mi | #89 of 352 | Score: 50.7
Improved 9 spots from last year
-7.5 below state avg
830 students Moderate
Grades 06-08
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Location

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Neighborhood

403 Franklin St, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Kate Cote
Listing Office Leading Edge Real Estate
Office Phone 781-979-0100
Agent MLS ID CN221983
Office MLS ID AN4646
Listing Data Updated Oct 20, 2026 3:50 PM EDT
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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