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48 Melrose Street, Bay VillageBoston, MA 02116MLS Number 72304912

  • Price: $1,195,000The price has recently decreased
  • 14 Days on Market
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Price Down Payment Interest Rate Years

Est. Mortgage: $/month

Federal 30-year interest rate: 3.94% last updated on 2017-12-21

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 1900Year Built
  • 48-50Street No
  • 1/2Unit No
  • 5313Zip Code 4

Originally built as a two-story film studio in 1915, 48-50 Melrose Street is located in the charming city-center historic enclave of Bay Village. This one-of-a-kind commercial condominium offers 2000sf+ on two spacious floors with five offices & several common areas. An unusual double-wide building, the first level boasts soaring 13’ ceilings with all day light. Two oversized offices face Melrose St w/ tall bright windows. Two additional offices, each with windows face the rear. A unique dual central staircase connects the two floors. Lower level: one private office plus a waiting room, break room, & two 1/2 baths. There are 3 entrances to the property & a deck that is common to the full association. Currently occupied by 5 independent therapists, the property has multiple possibilities as commercial space. Potential residential conversion possible, buyer responsible for due diligence. Convenient to all in-town neighborhoods, public transportation, & highways. Parking options nearby.

Listed by Less Arnold of Compass

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Call: 617-716-0240 or send a message:

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Your Local Office

Marsh Properties
30 Newbury Street, 3rd Floor
Boston MA, 02116

Office: (617) 716-0240

More Info

Basic Information

  • List Price$1,195,000
  • StatusACT
  • Year Built SourcePublic Record
  • Year Built1900
  • LeaseNo
  • Date Listed04/06/2018
  • DirectionBetween Arlington Street and Church Street
  • MLS Number72304912
  • Status Date2018-04-06T17:52:00


  • UtilitiesPublic Water, Public Sewer


  • Modification Date2018-04-10T03:06:00
  • Property TypeCommercial Condo
  • Listing AlertNo
  • DisclosureNo
  • DisclosuresUnits 1 and 2 are combined. Size of combined unit is 2016sf per stamped architect plan. Condominium fees of $2046 are paid quarterly ($682/month).
  • Book24531
  • Listing AgreementExclusive Right to Sell
  • Off Bldg Sf2016
  • Prop TypeCI
  • ExchangeNo
  • Parcel NumberW:05 P:00764 S:002
  • Page113


  • Street No48-50
  • Unit No1/2
  • Building Number48
  • StreetMelrose Street
  • Zip02116
  • Zip Code 45313
  • StateMA
  • CountySuffolk
  • NeighborhoodBay Village
  • LocationUrban
  • TownBoston


  • Photo Date2018-04-06T17:52:00
  • Number of Photos18


  • No Buildings1
  • No Stories2
  • Entry OnlyNo


  • Parking Spaces
  • Space AvailableFor Sale
  • SubletNo
  • Main LoAN2383


  • ConstructionBrick

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