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45 W Foster St, Melrose MA 02176

Commercial Sale

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

This home has been viewed 23 times

Last Checked: November 1st, 2026 at 4:28am (Source: MLS PIN #73584994)

General Information for 45 W Foster St, Melrose MA 02176

Listing ID73584994

Property TypeCommercial Sale / Commercial

Price$1,800,000

Style

CityMelrose

CountyMiddlesex

Neighborhood(s)

ZoningBA1

Year Built1953

Disclosures for 45 W Foster St, Melrose MA 02176

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Special Listing Conditions

ExclusionsWall Mounted Vac In Garage. Hose Reels. Tv Wall Mounts. Japanese Maple Tree.

Compensation Based On

Contact Information for 45 W Foster St, Melrose MA 02176

Agent

Name: Jason Madden

Office

Name: Pondfield Commercial Group

Phone: 781-662-1700

Exclusive Listing Agent

Pondfield Commercial Group

Jason Madden

Agent Phone

Office Phone

(781) 662-1700

Text Agent Call Agent Call Office

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    [description] => 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
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EXIT