For Sale

Listed by Neal Ryan from Thread Real Estate, LLC

Source: MLS Property Information Network Inc #73479049

71 Grove Street, Melrose, MA, 02176

$1,499,000

5768 sq. ft.

Land

30+ days on the market

What's around 71 Grove Street

About this property

Melrose Redevelopment Potential! Close to downtown! Zoning states a Special Permit is needed to tear down and rebuild a mixed use building. (Variance not required unless developer chooses that path) A zoning analysis and parking layout shows you can fit 10-12 parking spots. Current FAR (2.0) allows up to 11,500sf building. Zoning also states a possibly bigger building (FAR 3.5/up to 20,000sf) and reduced/substitute parking with 1 &/or 2 additional Special Permits. See Melrose zoning codes 235-8.2 "Density Incentives Allowed in BA-1 and BA-2 Districts". Currently a 3 family. Bus and commuter rail stops are both within a few minutes walk. Routes 1, 93 and the Subway are all about a 5 min drive. Agent/Seller makes no representations. All due diligence is the buyer's responsibility.

Looking for more information on 71 Grove Street?

Explore comparables, sales history and growth for this property.
Learn more

Similar property for sale nearby

For Sale
$700,000
L/ Mount Zion Road
Melrose MA 02176
Land
Listing courtesy of Brad Hutchinson Real Estate

Other properties for sale by Thread Real Estate, LLC

For Sale
$699,000
14 Derby St
Worcester MA 01604
9
3
12
Other
Listing courtesy of Thread Real Estate, LLC
For Sale
$485,000
814/30 Chelsea Street
Everett MA 02149
2
2
1
Condo
Listing courtesy of Thread Real Estate, LLC
For Sale
$999,000
108 Cass St
Boston MA 02132
7
3
4
Multi-Family
Listing courtesy of Thread Real Estate, LLC

Browse properties sold in nearby areas

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent