Sold!
$1,600,000
0.14
Acres
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Property Description
Rare development or hold opportunity in West Medford. Convenient access to Rt16, Rt 2, and I-93. MBTA Bus stop across the street. Commuter Rail in West Medford Square, 11 minute ride to Boston. Medford Square is less than 1 mile away. Steps to local shops (Snappy Patty’s, Bistro 5, Paul Revere Restaurant, Simple Fare, C.B Scoops, The Magnificent Muffin, Medford Brewing, Dunkin Donuts, and Walgreens) or short trip to Whole Foods, and Starbucks on Mystic Valley Pkwy. Minutes to Somerville, Cambridge, and Arlington. Just over 6k sqft lot with a 4977 sqft commercial building with full basement. Close to Orange, Green, and Red lines. Current tenants include a liquor store and hair salon, both on MTM gross terms. Currently zoned C1, and part of Medford’s ongoing rezoning plans. This unique offering presents numerous possibilities, including mixed-use potential. Buyers are responsible for conducting their due diligence.
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Highlights
- Property Class: Commercial Sale
- Status: Closed
- Year Built: 1945
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Additional Details
- Zoning: C1
- Zoning Description: Legal Conforming
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Fees / Taxes
- Tax Year: 2025
- Taxes: $14,697
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Listing information provided courtesy of Thompson Realty.
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