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.
1.01 Private Acres Lot Size
Land
MLS/Listing ID 73451395
Community - Highway Access
Community - Conservation Area
Community - Bike Path
Lot - Cleared
Lot - Level
Community - Golf
Community - Park
Community - Pool
Community - Public Transportation
Community - Shopping
Community - Tennis Courts
River
Beach Ownership - Public
1/10 to 3/10 To Beach
Lot - Storm Drains
Community - Walk/Jog Trails
Community - University
Community - T-Station
Community - Public School
Community - Private School
Community - Medical Facility
Community - House of Worship
TOTAL MONTHLY COST
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