$3,500,000
99,999
Living Area
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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.
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Highlights
- Has View: Yes
- Property Class: Residential Income
- Year Built: 1928
- Parking Spots: 22
- Property Type: 5-9 Family
- Status: Active
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Additional Details
- Foundation: Other
- Lot Features: Corner Lot, Easements, Level, Other
- View: City View(s)
- Year Built Source: Public Records
- Foundation Area: 9999999999
- SqFt Source: Other
- Year Built Details: Unknown/Mixed
- Zoning: Mx-2
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Park, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Parking Features: Paved Drive, Paved
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,594,500
- Taxes: $26,596
- Tax Year: 2026
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Listing information provided courtesy of Barnard Real Estate Advisors, LLC.
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