$4,950,000
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Property Description
Marcus & Millichap is excited to present the Medford Main Street Two-Tenant Retail & Mixed use Development opportunity located near the new MBTA Green Line, just 1/2 mile to Tufts University and 5-miles north of Downtown Boston. The current building is a single story, two-tenant structure with approximately 12,000 SF on .18 acres with 70-feet of frontage. Zoning for this location is C-1 Commercial. The City of Medford allows for a 5+-story structure for this parcel location allowing many use cases. The Main Street location presents investors and developers a rare to-market opportunity to build commercial, residential and/or mixed-use structure in a highly demanded submarket just north of Boston.
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Highlights
- Property Class: Commercial Sale
- Status: Active
- Year Built: 1950
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Additional Details
- Zoning: C-1
- Zoning Description: Legal Conforming
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Fees / Taxes
- Tax Year: 2026
- Taxes: $22,445
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