175 Mystic Ave Medford, MA
$3,500,000
Acres 0.45
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.
Listed by Barnard Real Estate Advisors, LLC, Christopher Barnard
Details
MLS 73571221
Status Active
Price $3,500,000
DOM 42 days
Type Lot/Land
Lot Size 0.45 acres
Lot & Building Features
Sewer On-Site, Public Sewer
Tax Year 2026
Taxes Paid $26,596
Water On-Site, Public
Schools
Elementary School Ask City
Junior High School Ask City
Senior High School Medford High School
Land for Sale: 175 Mystic Ave, Medford, MA 02155
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Financing
$
6.75%
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$
$
per month
Principal & Interest
Monthly Taxes
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Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.

