31-33 W Wyoming Ave
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31-33 W Wyoming Ave
31,000 SF Retail Building Melrose, MA 02176 $2,295,000 ($74/SF)
Executive Summary
Introducing a prime development opportunity for 31-39 W Wyoming Ave, Melrose— a fully approved project designed for modern living in a highly desirable location. The proposed plans include the demolition of the current one-story structure and the construction of a sleek, four-story building featuring 27 residential units and 1 commercial space. Melrose stands out as a commuter-friendly neighborhood, offering excellent access to major routes like Rte. 93 and Rte. 1. Melrose features three MBTA commuter rail stations on the Haverhill line, providing convenient options for daily travel. Additionally, nearby bus lines and the MBTA Orange Line stations at Oak Grove and Malden Center make commuting to Boston effortless.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
31,000 SF
Building Class
C
Year Built
1919
Price
$2,295,000
Price Per SF
$74
Tenancy
Single
Building Height
4 Stories
Building FAR
1.80
Lot Size
0.40 AC
Zoning
URB - Urban
Parking
3 Spaces (4.04 Spaces per 1,000 SF Leased)
Frontage
67 FT on Wyoming Ave
Amenities
- Bus Line
- Commuter Rail
Walk Score ®
Very Walkable (89)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | MELR-000006C-000000-000009 | Improvements Assessment | $282,500 |
Land Assessment | $471,700 | Total Assessment | $754,200 |
PROPERTY TAXES
Parcel Number
MELR-000006C-000000-000009
Land Assessment
$471,700
Improvements Assessment
$282,500
Total Assessment
$754,200
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31-33 W Wyoming Ave
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