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.
For sale
$3,500,000
175 Mystic Ave, Medford, MA 02155
--beds
0baths
99,999sqft
5-9 Family
Built in 1928
-- sqft lot
$-- Zestimate®
$35/sqft
$-- HOA
What's special
Excellent visibility and access
- 7 days
- 74
- 10
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Christopher L. Barnard 781-953-9713,
Barnard Real Estate Advisors, LLC 781-953-9713
Source: MLS PIN,MLS#: 73577845
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 99,999
- Total interior livable area: 99,999 sqft
- Finished area above ground: 99,999
Property
Parking
- Total spaces: 22
- Parking features: Paved Drive, Paved
- Uncovered spaces: 22
Features
- Has view: Yes
- View description: City View(s)
- Frontage length: 190.00
Lot
- Size: 0.45 Acres
- Features: Corner Lot, Easements, Level, Other
Details
- Parcel number: M:R10 B:0031 L:0000,643548
- Zoning: MX-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Foundation: Other
Condition
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
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
Location
- Region: Medford
Financial & listing details
- Price per square foot: $35/sqft
- Tax assessed value: $1,594,500
- Annual tax amount: $26,596
- Date on market: 9/25/2026
- Total actual rent: 0
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Listed for sale | $3,500,000$35/sqft |
Source: MLS PIN #73577845 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 02155
Nearby schools
Schools provided by the listing agent
- Elementary: Ask City
- Middle: Ask City
- High: Medford High School
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
