
174 Green St Melrose — Photo 1 of 39
Recent Drop: $149,000
$1,350,000
174 Green St, Melrose, MA 02176
Melrose, MA 02176
Beds
--
Baths
1.5
SqFt
7,000
Style
5-9 Family
Built
9999
Rare opportunity in Melrose offering flexibility for investors, developers and owner-users alike. 174 Green Street features a substantial existing building of approximately 7,000 sq. ft. on a prominent BA1-zoned parcel, creating multiple possibilities for both immediate use and future redevelopment. The existing building offers significant usable space and three-phase power, while the site's zoning and location may provide compelling potential for a mixed-use residential and commercial concept. Conveniently positioned near downtown Melrose, the Melrose Highlands Commuter Rail and access to Oak Grove and Boston, the property combines visibility, accessibility and long-term upside in one of Greater Boston's most desirable communities. An increasingly rare opportunity to acquire a sizable, versatile property in Melrose at a newly improved price. Buyers and buyers' agents to perform their own due diligence regarding zoning, permitting and intended use.
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Melrose, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$1,350,000
Was $1,499,000
Sep 10, 2026
MLS® 73556751
$1,499,000
Jul 29, 2026
MLS® 73556751
$1,499,000
Mar 19, 2026
MLS® 73489470
Population
29,650
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$134K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
32.8%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Lento + Rivkind Real Estate Team
Listing Office: Coldwell Banker Realty - Boston
MLS® Number: 73556751
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