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$1,200,000 Just Listed

  • For Sale
  • Active
  • Office
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Free Standing Commercial Building located on Main Street in Melrose with 10 car parking lot! Most recently used as an office, this property has a long his history as a bank. 3 private offices, break room, two half bathrooms and multiple bank teller service areas comprise the first floor. There are 2 finished rooms in the lower level as well as a half bath and a 3rd unfinished room on the upper level that can be improved for additional space. Located on Main Street, across from Pine Banks Park and a short walk to Jitters Cafe, Bobby Cs, Ocean Sushi and Hinge Fitness, this is a fantastic location for a local business owner who is interested in owning rather than renting.Property is a pre-existing, legal, non-conforming use as an office. Underlying zoning is residential, URB. Possible redevelopment opportunity with zoning relief. Buyer to conduct due diligence to confirm all info listed.

Full Property Details for 138 Main St

General

  • Price: $1,200,000
  • Taxes: $11,965 (2025)
  • Status: Active
  • Type: Office
  • MLS ID: 73469923
  • Updated: Today (1/20/2026)
  • Added to Site: Today

Location

  • County: Middlesex

Structural Information

  • Square Feet: 1,762
  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.23

Financial Considerations

  • Tax Amount: $11,965
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: M:0C3 P:000089, 653476

Listed by Pondfield Commercial Group, Jason Madden

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Listing agent

— 138 Main St —

  • Jason Madden

    Pondfield Commercial Group

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 138 Main St

School District:Melrose School District
NameGradesDistance
Lincoln Elementary School, Melrose, MA
80 West Wyoming Avenue, Melrose, MA 02176
K-50.5 mi
Hoover Elementary School
37 Glendower Road, Melrose, MA 02176
K-51 mi
Winthrop Elementary School
162 1st Street, Melrose, MA 02176
K-51.2 mi
Melrose Middle School
350 Lynn Fells Parkway, Melrose, MA 02176
6-81.2 mi
Melrose High School
360 Lynn Fells Parkway, Melrose, MA 02176
9-121.3 mi
Roosevelt Elementary School
253 Vinton Street, Melrose, MA 02176
K-51.4 mi
Early Childhood Center, Melrose, MA
16 Franklin Street, Melrose, MA 02176
PK-1.5 mi
Horace Mann Elementary School, Melrose, MA
40 Damon Avenue, Melrose, MA 02176
K-51.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 138 Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/20/2026
Listed
$1,200,000
100%
MLS
7/27/2022
Sold
$600,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 138 Main St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,965
4%
$674,100
4%
2024
$11,455
5%
$646,800
7%
2023
$10,948
9%
$604,200
8%
2022
$10,066
2%
$558,300
6%
2021
$9,876
1%
$528,400
—
2020
$9,818
6%
$528,400
7%
2019
$9,300
-1%
$494,400
2%
2018
$9,378
8%
$484,400
3%
2017
$8,701
11%
$469,300
12%
2016
$7,850
2%
$418,000
2%
2015
$7,711
2%
$408,000
—
2014
$7,552
7%
$408,000
15%
2013
$7,033
—
$353,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 138 Main St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Pondfield Commercial Group, Jason Madden

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Recent Sales near 138 Main St

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138 Main St, Melrose, MA 02176 (MLS# 73469923) is a Office property. 138 Main St is currently listed for $1,200,000 and was received on January 20, 2026. Want to learn more about 138 Main St? Do you have questions about finding other Office real estate for sale in Melrose? You can browse all Melrose real estate or contact a Coldwell Banker agent to request more information.

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