71-73 Grove St Melrose, MA 02176
Listing Courtesy of: MLS PIN / Thread Real Estate, LLC / Neal Ryan

  71-73 Grove St Melrose, MA 02176

Active (41 Days)
$1,499,000 (USD)

Description

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.

MLS #:
73479049
Taxes
$6,571(2025)
Lot Size
5,768 SQFT
Type
Land
County
Middlesex County

Listed By

Neal Ryan, Thread Real Estate, LLC
Source
MLS PIN
Last checked Apr 4 2026 at 4:53 AM EDT
Bathroom Details
Lot Information
  • Level
  • Sidewalks
  • Curbs & Gutters
  • Storm Drains
Utility Information
  • Utilities: Water: Public, Water: on-Site
  • Sewer: On-Site, Public Sewer
Location
   
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