175 Mystic Ave, Medford, MA 02155
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$3,500,000
Type: Commercial
Lease Type N/A
5847 Bldg. SQFT
4 Restroom
Parking: N/A

Property 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.

Property Details tap to expand

Property Information

  • Type: Commercial
  • Location: Legal Non-Conforming
  • MLS ID#: 73563153

Financial

  • Gross Annual Income: 33210
  • Net Operating Income: 114720

Building Information

  • Total SQFT: 5847
  • Total Restrooms: 4

Construction & Utilities

  • Utilities: Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/13/2026New$3,500,000$599MLSPIN

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Seller's Representative: Christopher L. Barnard, Barnard Real Estate Advisors, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-08-13 09:38:00