$1,800,000
45 W Foster St
Melrose, MA, 02176
A rare downtown Melrose opportunity. 45 West Foster Street is a freestanding, single-story commercial building positioned in one of the most visible and active locations in the heart of downtown Melrose. Offered to the market for the first time in approximately 40 years, the property sits directly along West Foster Street and within the Main Municipal Parking Lot, surrounded by established downtown destinations including Shaw’s, CVS, Turner’s Seafood, Bruegger’s Bagels and Caffè Nero.Featuring an open, single-unit floor plan, outstanding visibility, exceptional access to municipal parking and flexible **BA-1 zoning**, the property offers tremendous potential for a wide variety of commercial users, owner-occupants and investors. Opportunities with this combination of location, visibility, parking and downtown positioning are exceptionally difficult to find in Melrose.45 West Foster Street is a truly unique offering in the downtown market. Offers due October 15, 2026
Property Details
Price:
$1,800,000
MLS #:
73584994
Status:
Active Under Contract
Beds:
0
Baths:
2
Type:
Commercial
Listed Date:
Sep 30, 2026
Finished Sq Ft:
4,150
Total Sq Ft:
4,150
Lot Size:
4,426 sqft / 0.10 acres (approx)
Year Built:
1953
Schools
Interior
Exterior
Financial
Tax Year
2026
Taxes
$15,993
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Commercial in Melrose as of Oct 26, 2026
3
Commercial Listed
201
Avg DOM
435
Avg $ / SqFt
$1,349,667
Avg List Price
Community
- Address45 W Foster St Melrose MA
- CityMelrose
- CountyMiddlesex
- Zip Code02176
Subdivisions in Melrose
Similar Listings Nearby
Property Summary
- 45 W Foster St Melrose MA is a Commercial for sale in Melrose, MA, 02176. It is listed for $1,800,000 To schedule a showing of MLS#73584994 at 45 W Foster St in Melrose, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Pondfield Commercial Group. The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
45 W Foster St
Melrose, MA