$1,499,000
71-73 Grove St
Melrose, MA, 02176
Melrose Redevelopment Potential! Close to downtown! Zoning states a Special Permit is needed to tear down and rebuild a mixed use building. (Variance not required unless developer chooses that path) A zoning analysis and parking layout shows you can fit 10-12 parking spots. Current FAR (2.0) allows up to 11,500sf building. Zoning also states a possibly bigger building (FAR 3.5/up to 20,000sf) and reduced/substitute parking with 1 &/or 2 additional Special Permits. See Melrose zoning codes 235-8.2 “Density Incentives Allowed in BA-1 and BA-2 Districts”. Currently a 3 family. Bus and commuter rail stops are both within a few minutes walk. Routes 1, 93 and the Subway are all about a 5 min drive. Agent/Seller makes no representations. All due diligence is the buyer’s responsibility.
Property Details
Price:
$1,499,000
MLS #:
73479049
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Listed Date:
Feb 20, 2026
Lot Size:
5,768 sqft / 0.13 acres (approx)
Schools
Interior
Exterior
Community Features
Public Transportation, Shopping, Park, Laundromat, House of Worship, Private School, T-Station, Sidewalks
Fencing
Fenced
Lot Features
Level, Curbs & Gutters, Storm Drains, Sidewalks
Financial
Tax Year
2025
Taxes
$6,571
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Community
- Address71-73 Grove St Melrose MA
- CityMelrose
- CountyMiddlesex
- Zip Code02176
Subdivisions in Melrose
Similar Listings Nearby
Property Summary
- 71-73 Grove St Melrose MA is a Land for sale in Melrose, MA, 02176. It is listed for $1,499,000 and features 0 acres. To schedule a showing of MLS#73479049 at 71-73 Grove St in Melrose, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Thread Real Estate, LLC. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
71-73 Grove St
Melrose, MA