MA > Newton
Newton, MA 02466,283 Melrose Street
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Newton, MA 02466,283 Melrose Street
Newton, MA 02466,283 Melrose Street
Newton, MA 02466,283 Melrose Street
Newton, MA 02466,283 Melrose Street
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Lisa Sevajian

Lisa Sevajian

+1(978) 457-3406
$ 16,500,000
Est. payment /mo
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Active

283 Melrose Street Newton, MA 02466

1.01 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73455948

HOA Y/N false

Year Built 2022

Tax Year 2025

Lot Size 1.010 Acres

Acres 1.01

Property Description

Set in the heart of Auburndale Village, 283 Melrose Ave offers approximately 43,783 ± sq ft of VC2-zoned land steps to village shops and a short distance to the Commuter Rail. The newly created VC2 district is designed to encourage housing and mixed-use density in Newton's village centers - making this one of the rare, well-located sites positioned to capitalize on that vision. The property presents multiple paths for value creation, including the potential to sub-divide the lot and pursue multiple buildings up to 3.5 stories with tight setbacks. With two existing condemned structures on site, the offering is being marketed as land for redevelopment. This is a unique opportunity to deliver much-needed residential or mixed-use product in a walkable, transit-served location - an ideal canvas for modern village-center living. More details are available.

Location

State MA

County Middlesex

Area Auburndale

Zoning VC2/MR2

Direction Auburn Street to Melrose

Others

Senior Community false

Listed by Coldwell Banker Realty - Newton
Lisa Sevajian

Lisa Sevajian

Agent | License ID: 95000355

+1(978) 457-3406

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283 Melrose Street

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