• $1,800,000List Price
  • 2Bathrooms
  • 0.1Acreage
  • 1953Year Built
  • 4,150Square Feet

A rare downtown Melrose opportunity. 45 West Foster Street is a freestanding, single-story commercial building positioned in one of the most visible and active locations in the heart of downtown Melrose. Offered to the market for the first time in approximately 40 years, the property sits directly along West Foster Street and within the Main Municipal Parking Lot, surrounded by established downtown destinations including Shaw’s, CVS, Turner’s Seafood, Bruegger’s Bagels and Caff Nero.Featuring an open, single-unit floor plan, outstanding visibility, exceptional access to municipal parking and flexible **BA-1 zoning**, the property offers tremendous potential for a wide variety of commercial users, owner-occupants and investors. Opportunities with this combination of location, visibility, parking and downtown positioning are exceptionally difficult to find in Melrose.45 West Foster Street is a truly unique offering in the downtown market. Offers due October 15, 2026

More Info

Basic Information

  • Mls StatusNew
  • Parcel Number M:00C7 B:0000 L:0086,654080

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer, Natural Gas Available, Three Phase
  • Year Built1953

Tax Information

  • Tax Year 2026
  • Taxes$15,993

Location

  • Address45 W Foster Street
  • Building Number45
  • CountyMiddlesex
  • StateMA
  • StreetW Foster Street
  • TownMelrose
  • Zip02176

Other

  • Date Listed10/01/2026
  • Farm Land Area Units Square Feet

Rooms

  • Bathroom2

Basic Information

  • List Price$1,800,000
  • MLS Number73584994
  • Modification Date09/30/2026

Property

  • Acreage0.1

Property Information

  • Living Area 4,150
  • Lot Size Square Feet 4,426
  • Lot Size Units Acres
  • Square Feet4,150

Map Location

Driving Directions

Listed by Jason Madden of Pondfield Commercial Group

Melrose, MA Demographics

There is no data available

Melrose, MA Real Estate Market Data

There is no data available

Melrose, MA Schools

School NameDistanceTypeGrades

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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