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$1,350,000 Contingent
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Property Description
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.
Full Property Details
Full Property Details for 174 Green St
General
- Price: $1,350,000
- Taxes: $18,408 (2026)
- Status: Contingent
- Type: Commercial
- Source: MLSPin
- MLS ID: 73489470
- Updated: 10/6/2026
- Added to Site: 209 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
9/29/2026
Price Reduced
$1,350,000
-9.94%
MLS
7/15/2026
Price Reduced
$1,499,000
-25.01%
MLS
3/27/2026
Price Reduced
$1,999,000
-11.16%
MLS
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
$157
-99%
$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 $1,350,000 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.


