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$799,900 Just Listed

  • For Sale
  • Active
  • Commercial
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Introducing a prime investment opportunity in the heart of Melrose, MA. This 4,448 SF building offers a lucrative venture in the thriving Melrose Market. With a coveted BA-2 zoning, this property presents a wealth of possibilities for Retail / Street Retail and mixed-use investors and developers. This transit oriented site sits steps away from the Melrose MBTA line. An opportunity not to be missed!

Full Property Details for 437-445 Franklin St

General

  • Price: $799,900
  • Taxes: $15,613 (2025)
  • Status: Active
  • Type: Commercial
  • MLS ID: 73477722
  • Updated: Today (2/17/2026)
  • Added to Site: Today

Location

  • County: Middlesex

Structural Information

  • Square Feet: 4,448
  • Year Built: 1914

Lot Features

  • Lot Size (Acres): 0.11

Financial Considerations

  • Tax Amount: $15,613
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: 658981

Listed by GDP Real Estate Group, LLC, Gianni De Palma

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Listing agent

— 437-445 Franklin St —

  • Gianni De Palma

    GDP Real Estate Group, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 437-445 Franklin St

School District:Melrose School District
NameGradesDistance
Roosevelt Elementary School
253 Vinton Street, Melrose, MA 02176
K-50.3 mi
Early Childhood Center, Melrose, MA
16 Franklin Street, Melrose, MA 02176
PK-0.3 mi
Horace Mann Elementary School, Melrose, MA
40 Damon Avenue, Melrose, MA 02176
K-50.6 mi
Melrose Middle School
350 Lynn Fells Parkway, Melrose, MA 02176
6-80.4 mi
Melrose High School
360 Lynn Fells Parkway, Melrose, MA 02176
9-120.3 mi
Winthrop Elementary School
162 1st Street, Melrose, MA 02176
K-51.1 mi
Lincoln Elementary School, Melrose, MA
80 West Wyoming Avenue, Melrose, MA 02176
K-51.2 mi
Hoover Elementary School
37 Glendower Road, Melrose, MA 02176
K-51.6 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 437-445 Franklin St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Listed
$799,900
77.76%
MLS
7/10/2024
Sold
$450,000
—
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 437-445 Franklin St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,613
5%
$879,600
5%
2024
$14,806
5%
$836,000
8%
2023
$14,065
10%
$776,200
10%
2022
$12,767
1%
$708,100
4%
2021
$12,689
1%
$678,900
—
2020
$12,614
6%
$678,900
8%
2019
$11,869
—
$631,000
2%
2018
$11,924
7%
$615,900
2%
2017
$11,193
2%
$603,700
4%
2016
$10,934
1%
$582,200
1%
2015
$10,849
2%
$574,000
—
2014
$10,625
8%
$574,000
17%
2013
$9,797
—
$492,300
—
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 437-445 Franklin 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 GDP Real Estate Group, LLC, Gianni De Palma

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437-445 Franklin St., Melrose, MA 02176 (MLS# 73477722) is a Commercial property. 437-445 Franklin St. is currently listed for $799,900 and was received on February 17, 2026. Want to learn more about 437-445 Franklin 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.

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