45 W Foster St Melrose, MA ^$ 1,800,000

45 W Foster St

^$ 1,800,000

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Recently Listed

45 W Foster St

Melrose, MA, 02176

^$ 1,800,000

Bedrooms-- Baths2.0 Sq 4,150

Monthly Estimate*

^$ 11,365

45 W Foster St, Melrose, MA 02176 - Image 1

45 W Foster St, Melrose, MA 02176 - Image 2

45 W Foster St, Melrose, MA 02176 - Image 3

Commercial Property for sale in Melrose, MA

for $1,800,000 with 2 full baths. This 4,150 square foot building was built in 1953 on a lot size of 0.1.

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

Commercial Active

Price

^$ 1,800,000

Full Bath

Property Type

Commercial

Taxes

^$ 15,993

Style

Commercial

Lot Size

0.1

Year Built

1953

Town/City

Melrose

County/Region

Middlesex

MLS | Web ID

73584994

List By

Jason Madden

Listing Agent

Pondfield Commercial Group

Broker

Affordability Calculator

$12,698

Per Month

Monthly Principal & Interest: $11,365
Monthly Property Taxes: $1,333
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Commerical listings in Melrose, MA

Average List Price ^$1,349,667

Percent of Sale Price 25%

About Melrose, MA

28,981 Population

7% Since 2002

^$89,874 Median Income

44.24 Median Age

29% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
10/1/2026	$1,800,000		Listed Price

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45 W Foster St, Melrose, MA, 02176 is a Commercial Property for sale at $1,800,000 with 4,150 sqft and a lot size of 0.1. 45 W Foster St has 2.0 baths and was built in 1953. The property's zip code is 02176 which is in Melrose, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 10/2/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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 its 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.

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45 W Foster St

Commercial Property for sale in Melrose, MA

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