$1,695,000
0.19
Acres
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Property Description
Positioned along Medford’s evolving Mystic Avenue corridor, 243 Mystic Ave offers an 8,276± SF commercial site with visibility, flexibility, and long-term redevelopment potential. This corridor is gaining attention as Medford continues to evaluate zoning updates, transit-oriented growth, mixed-use opportunities, housing needs, and commercial revitalization in key gateway areas. The site benefits from convenient access to I-93, Route 16/Revere Beach Parkway, Fellsway/Route 28, Wellington Circle, Somerville, Everett, Boston, and the inner north suburbs. Nearby public transit adds value with service along Mystic Avenue and Wellington Station offering Orange Line access plus multiple bus connections. Potential uses may include retail, office, contractor, service, light industrial, owner-user occupancy, investment hold, or future mixed-use redevelopment. Buyer to perform all zoning, permitting, environmental, utility, access, and redevelopment due diligence.
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Highlights
- Property Class: Land
- Status: Active
- Property Type: Commercial
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Additional Details
- Lot Features: Corner Lot, Cleared, Sidewalks
- Zoning: C2
- Road Frontage Type: Public
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access
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Utilities
- Electric: At Street
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $776,900
- Taxes: $12,959
- Tax Year: 2026
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Listing information provided courtesy of Coldwell Banker Realty - Lexington.
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