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.
| Units | 1 |
| Living area | 7,000 sqft |
| Lot size | 9,999 sqft |
| Year built | 9999 |
| Price / sqft | $193 |
| County | Middlesex |
| MLS # | 73556751 |
| Days on market | 48 days |
| Listed on | July 29, 2026 |
| Annual property tax | $18,408 |
| Tax year | 2026 |
| Assessed value | $9,999 |
| Zoning | BA1 |
| Total actual rent | $0/mo |
| Stories | 2 |
| Total rooms | 1 |
| Lot size | 0.23 acres |
| Garage spaces | 1 |
| Parking spaces | 1 |
| Foundation | Other |
| Sewer | Public Sewer |
| Water | Public |
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 1-unit multi-family property with 7,000 sqft of living area, built in 9999.
174 Green St, Melrose MA 02176 has been listed for 48 days (since July 29, 2026).
At a list price of $1,350,000 across 1 units, that works out to roughly $1,350,000 per unit.
Annual property taxes are $18,408 (2026), on an assessed value of $9,999.
At $1,350,000 for 7,000 sqft, that's about $193 per square foot.
1 garage space and 1 total parking space.
174 Green St, Melrose MA 02176 is in Melrose, Middlesex County, MA 02176.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.