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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.

More Info

Basic Information

  • Gross Income $114,720
  • Lot Features Corner Lot, Easements, Level, Other
  • Mls StatusNew
  • Parcel Number M:R10 B:0031 L:0000,643548

Tax Information

  • Tax Assessed Value $1,594,500
  • Tax Year 2026
  • Taxes$26,596

School Information

  • Elementary SchoolAsk City
  • High School Medford High School
  • Junior HighAsk City

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Paved
  • Parking Spaces22

Basic Information

  • List Price$3,500,000
  • MLS Number73577845
  • Modification Date09/16/2026
  • Property SubType5-9 Family

Location

  • Address175 Mystic Avenue
  • Building Number175
  • CountyMiddlesex
  • StateMA
  • StreetMystic Avenue
  • TownMedford
  • Zip02155

Building

  • Building Area Units Square Feet
  • FoundationOther
  • Foundation Area 9999999999
  • Year Built1928
  • Year Built Details Unknown/Mixed
  • Year Built Source Public Records

Property

  • Acreage0.45
  • Frontage Length 190

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Other
  • Living Area 99,999
  • Lot Size Square Feet 19,754
  • Lot Size Units Acres
  • Square Feet99,999
  • View YN Yes

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Highway Access
    • House of Worship
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University

Other

  • Date Listed09/16/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Christopher L. Barnard of Barnard Real Estate Advisors,LLC

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