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Newton, MA 02466
(Auburndale)

Active List Price $16,500,000 MLS # 73455948 - Commercial/Industrial

Type	Commercial Sale	# Units	1	Lot Size	1.01A
Sq. Ft.	0	Water Front	No

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.

Listing Office: Coldwell Banker Realty - Newton, Listing Agent: Ward Shifman
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