aisellshomes.space

$3,500,000

Active

175 Mystic Ave

Medford, MA, 02155

Commercial · MLS #73563153

Days on market

8 days

Lot size

0.45 ac

0.45 acres

Lot

About this home

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

175 Mystic Ave, Medford, MA, 02155

Property details

Parking
21+ Spaces, Improved Driveway, Paved Driveway

Listed by Christopher Barnard · Barnard Real Estate Advisors, LLC

Schedule a showing

175 Mystic Ave

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$22,952 / month

Down payment20% · $700,000
Interest rate6.66%

Loan term

Principal & interest
$17,994
Property tax
$3,500
Home insurance
$1,458

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).