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.
100 Sq Ft
1.01 Private Acres Lot Size
Investment
Built in 2020
MLS/Listing ID 73451393
Community - Private School
Community - Public School
Community - T-Station
Community - University
Community - Walk/Jog Trails
3/10 to 1/2 Mile To Beach
Community - Medical Facility
Community - House of Worship
Community - Highway Access
Community - Conservation Area
Community - Bike Path
Parking - Paved
River
Community - Tennis Courts
Lot - Level
Lot - Zero Lot Line
Concrete Perimeter
Community - Shopping
Community - Public Transportation
Community - Pool
Community - Park
Community - Marina
Community - Golf
Stone
Lot - Easement
Lot - Corner Lot
TOTAL MONTHLY COST
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