283 Melrose Street, Newton, (Auburndale), MA, 02466
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.
Status:
Active
Town:
Newton
Type:
Lot / Acreage
Zoning:
VC2 or MR1
Acreage:
1.01
Assessment
$2,669,900
Lot Description:
Level, Cleared, Storm Drains
Amenities:
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Elementary School:
Williams
Middle School:
Brown
High School:
South
MLS #:
73451395
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Ward Shifman, Coldwell Banker Realty - Newton 617-969-2447