Julie D'Arcangelo - Coldwell Banker Residential Brokerage

One City Hall Plaza, Melrose, MA 02176



Type of Comm.
Lot Size
Medical office building located in the downtown section of Melrose behind City Hall facing the city parking lot. Building was built in 1925 as garages for the city and later sold and converted to office space and currently used as medical office space. Consists of waiting room, reception office, three doctors offices, six exam rooms, thee dual work offices, 2 substations, kitchen and lunch room. Property is leased for $7800 per month through September 30, 2019 but sellers will try to accomodate an earlier closing if desired.
Open House
No scheduled Open Houses
Lot Size: 6,513.00
Acres: 0.15
List Price: $995,000
Type: Commercial
Type of Comm.: Office
Status: Active
Restrooms: 3
Stories: 1
Buildings: 1
Year Built: 1925
MLS#: 72373438
Acres: 0.15
Lot Size: 6,513.00
Parking Spaces: 1
Construction: Brick
Roof Material: Membrane
Site Condition: Dry, Level
Location: Downtown, Central Business District
Utilities: Public Water, Public Sewer, Natural Gas
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $359,800
Assessed Land Value: $277,600
Exchange: No
Taxes: $12,340
Tax Year: 2018
Book/Page: 50600/185
Lease Price Includes: Building
Sublet: No
Total Assesed Value: $637,400
Zone Description: Legal Conforming
Office Sq. Ft.: 3,058
Office Units: 1
Disclosure Declaration: No
For Lease: Yes
Space Available: For Sale
The listing office is Brad Hutchinson Real Estate and the listing agent is Paul C. Coogan. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
Julie D'Arcangelo
Julie D'Arcangelo
Coldwell Banker Residential Brokerage