$16,500,000

283 Melrose Street, Newton, MA 02466

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2022
  • Property Lot Size Icon1.01acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

Set in the heart of Auburndale Village, 283 Melrose Ave offers approximately 43,783 ± sq ft of VC2-zoned land steps to village shops and a short distance to the Commuter Rail. The newly created VC2 district is designed to encourage housing and mixed-use density in Newton’s village centers - making this one of the rare, well-located sites positioned to capitalize on that vision. The property presents multiple paths for value creation, including the potential to sub-divide the lot and pursue multiple buildings up to 3.5 stories with tight setbacks. With two existing condemned structures on site, the offering is being marketed as land for redevelopment. This is a unique opportunity to deliver much-needed residential or mixed-use product in a walkable, transit-served location - an ideal canvas for modern village-center living. More details are available.

Listing Status:
Active
Date Added:
November 18, 2025 at 06:00AM
Listing Office:
Coldwell Banker Realty - Newton : 617-969-2447
Listing Agent:
Ward Shifman : 617-633-7703
MLS ID:
73455948
  • Originating MLS: MLS Property Information Network
  • County: Middlesex
  • Zoning: VC2/MR2690440
  • Source: MLS Property Information Network

This listing courtesy of Ward Shifman, Coldwell Banker Realty - Newton

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Williams

141 Grove St, Auburndale, MA, 02466

Grades KG-5

0.32 miles away

F

F a Day Middle School

21 Minot Pl, Newtonville, MA, 02460

Grades 6-8

1.99 miles away

N

Newton North High School

457 Walnut St, Newtonville, MA, 02460

Grades 9-12

2.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.