175 Mystic Ave, Medford, MA 02155
175 Mystic Ave, Medford, MA 02155
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Guillermo A Molina Jr

Guillermo A Molina Jr

+1(978) 360-3441
$ 3,500,000
Est. payment | /mo

5,847 SqFt

Save
$ 3,500,000
Est. payment | /mo
Save

5,847 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,847 sqft

Price per Sqft $598

MLS Listing ID 73563153

HOA Y/N false

Year Built 1928

Annual Tax Amount $26,596

Tax Year 2026

Lot Size 0.450 Acres

Acres 0.45

Property Description

Value-Add Investment / Redevelopment Opportunity. A rare assemblage of nearly 20,000 SF of land in the heart of Medford's Mystic Avenue Corridor, offering investors both stable in-place income and significant long-term upside. The site is improved with two concrete block buildings featuring versatile office and garage space with clear heights ranging from 10' to 14' — ideal for a range of commercial, industrial, or flex users. Current tenants operate under flexible Tenant-at-Will agreements, providing ownership with a clear path to reposition the asset on their timeline. Boasting approximately 190 feet of prime street frontage, the property benefits from excellent visibility and access along one of Medford's most actively evolving corridors. Most notably, the property sits within the MX-2 subdistrict of the Mystic Avenue Corridor, which permits multi-family and mixed-use development by right — eliminating much of the entitlement risk typically associated with redevelopment plays. As the corridor continues to attract new investment, 175 Mystic Ave represents a compelling opportunity to acquire a well-located site with a clear runway toward its highest and best use.

Location

State MA

County Middlesex

Zoning MX-2

Direction Located on the (Mystic Avenue Corridor District) adjacent to Rt 93.

Exterior

Utilities Available Public Water, Public Sewer

Roof Type Tar/Gravel

Others

Senior Community false

Listed by Barnard Real Estate Advisors, LLC

NEARBY SCHOOLS & PROPERTIES

Guillermo A Molina Jr

+1(978) 360-3441

info@theomteam.com

190 State Street Unit 5, Newburyport, MA 01950, United States

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175 Mystic Ave

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