283 Melrose Street
Newton, MA 02466

Description

**Rare By-Right Opportunity** - Set in the heart of Auburndale Village, this site 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 Newtons 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...read more