aisellshomes.space

$5,500,000

Active

393 Main Street

Medford, MA, 02155

Commercial · MLS #73583328

Days on market

6 days

0.00 acres

Lot

About this home

Marcus & Millichap is excited to present the Medford Main Street Two-Tenant Retail & Mixed use Development opportunity located near the new MBTA Green Line, just 1/2 mile to Tufts University and 5-miles north of Downtown Boston. The current building is a single story, two-tenant structure with approximately 12,000 SF on .18 acres with 70-feet of frontage. Zoning for this location is C-1 Commercial. The City of Medford allows for a 5+-story structure for this parcel location allowing many use cases. The Main Street location presents investors and developers a rare to-market opportunity to build commercial, residential and/or mixed-use structure in a highly demanded submarket just north of Boston.

Location

393 Main Street, Medford, MA, 02155

Property details

Parking
Common

Listed by Matthew Pierce · Marcus & Millichap Real Estate Investment Services

Schedule a showing

393 Main Street

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$37,897 / month

Down payment20% · $1,100,000
Interest rate7.28%

Loan term

Principal & interest
$30,105
Property tax
$5,500
Home insurance
$2,292

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