175 Mystic Ave, Medford, MA 02155
Local realty services provided by:Metropolitan Homes
175 Mystic Ave,Medford, MA 02155
$3,500,000
- - Beds
- - Baths
- 99,999 sq. ft.
- Multi-family
- Active
Listed by: christopher l. barnard
Office: barnard real estate advisors, llc
MLS#:73577845
Source:MLSPIN
Price summary
- Price:$3,500,000
- Price per sq. ft.:$35
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....
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Home facts
- Year built:1928
- Listing ID #:73577845
- Updated:October 28, 2026 at 12:02 PM
Rooms and interior
- Living area:99,999 sq. ft.
Structure and exterior
- Year built:1928
- Building area:99,999 sq. ft.
- Lot area:0.45 Acres
- Lot Features:Corner Lot, Easements, Level
Schools
- High school:Medford High School
- Middle school:Ask City
- Elementary school:Ask City
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,500,000
- Price per sq. ft.:$35
- Tax amount:$26,596 (2026)
Parking
- Total parking spaces:22
- Parking description:Paved, Paved Drive
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