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$2,250,000 Just Listed
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Property Description
Prime commercial opportunity at 174 Green Street offering immediate utility for owner-occupants and exceptional upside for developers. Situated on a highly visible 0.24-acre (10,454 sq. ft.) lot with steady daily traffic, the versatile, approximately 7,000 sq/ft commercial building is equipped with phase 3 power ready for business use. For developers, this site is a high-yield candidate for a mixed-use commercial and residential build with BA1 zoning. The location offers unbeatable transit access with close proximity to the Melrose Highlands Commuter Rail, Oak Grove (Orange Line), and vibrant downtown Melrose. Capitalize on a rare footprint with multiple paths to ROI in a high-demand market. Buyers and their agents to perform all due diligence regarding zoning, permitting, and specific uses.
Full Property Details
Full Property Details for 174 Green St
General
- Price: $2,250,000
- Taxes: $18,408 (2026)
- Status: Active
- Type: Commercial
- Source: MLSPin
- MLS ID: 73489470
- Updated: 3/19/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Commercial
Location
- County: Middlesex
- Driving Directions: Green Street Melrose
Utilities
- Utility Description: Public Water, Public Sewer
Structural Information
- Year Built: 1954
Lot Features
- Lot Size (Acres): 0.24
- Lot Dimensions: .24
- Zoning: Other (See Remarks)
Financial Considerations
- Tax Amount: $18,408
- Tax Year: 2026
Disclosures and Reports
- Disclosures/Rstr.: Buyers and their agents to perform all due diligence regarding zoning, permitting, and specific uses.
- Property ID: M:D11 P:000064A, 659456
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 174 Green St
School District:Melrose School District
| Name | Grades | Distance |
|---|---|---|
Early Childhood Center, Melrose, MA 16 Franklin Street, Melrose, MA 02176 | PK- | 0.1 mi |
Horace Mann Elementary School, Melrose, MA 40 Damon Avenue, Melrose, MA 02176 | K-5 | 0.3 mi |
Roosevelt Elementary School 253 Vinton Street, Melrose, MA 02176 | K-5 | 0.6 mi |
Melrose Middle School 350 Lynn Fells Parkway, Melrose, MA 02176 | 6-8 | 0.5 mi |
Melrose High School 360 Lynn Fells Parkway, Melrose, MA 02176 | 9-12 | 0.4 mi |
Winthrop Elementary School 162 1st Street, Melrose, MA 02176 | K-5 | 0.7 mi |
Lincoln Elementary School, Melrose, MA 80 West Wyoming Avenue, Melrose, MA 02176 | K-5 | 1.1 mi |
Hoover Elementary School 37 Glendower Road, Melrose, MA 02176 | K-5 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 174 Green St
Date
Details
Price
Change
Source
3/19/2026
Listed
$2,250,000
341.18%
MLS
10/01/2002
Sold
$510,000
—
Public Record
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
Tax History for 174 Green St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,675
5%
$883,100
5%
2024
$14,912
5%
$842,000
7%
2023
$14,231
9%
$785,400
8%
2022
$13,054
1%
$724,000
4%
2021
$12,960
1%
$693,400
—
2020
$12,848
6%
$691,500
8%
2019
$12,095
—
$643,000
3%
2018
$12,073
8%
$623,600
3%
2017
$11,183
—
$603,200
1%
2016
$11,176
2%
$595,100
3%
2015
$10,958
2%
$579,800
—
2014
$10,732
8%
$579,800
16%
2013
$9,914
—
$498,200
—
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
Estimate the Cost for 174 Green St
174 Green St, Melrose, MA 02176 (MLS# 73489470) is a Commercial property. 174 Green St is currently listed for $2,250,000 and was received on March 19, 2026. This property is listed by Lento and Rivkind Real Estate Team from our Boston-Back Bay Office.Want to learn more about 174 Green St? Do you have questions about finding other Commercial real estate for sale in Melrose? You can browse all Melrose real estate or contact a Coldwell Banker agent to request more information.


