175 Mystic Ave, Medford, MA 02155
175 Mystic Ave, Medford, MA 02155
175 Mystic Ave, Medford, MA 02155
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Boris Kusturic

Boris Kusturic

+1(631) 633-0347
$3,500,000
Est. payment /mo
99,999 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 99,999 sqft

Price per Sqft $35

MLS Listing ID 73577845

Year Built 1928

Annual Tax Amount $26,596

Tax Year 2026

Lot Size 0.450 Acres

Acres 0.45

Property Sub-Type 5-9 Family

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.

Location

State MA

County Middlesex

Zoning MX-2

Direction Located on the Mystic Ave Corridor District adjacent to Rt. 93.

Exterior

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

View Y/N Yes

View City View(s)

Total Parking Spaces 22

Garage No

Building

Lot Description Corner Lot, Easements, Level, Other

Foundation Other

Sewer Public Sewer

Water Public

Schools

Elementary Schools Ask City

Middle Schools Ask City

High Schools Medford High School

Others

Senior Community false

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Listed by Barnard Real Estate Advisors, LLC

Nearby Locations

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Boris Kusturic

Boris Kusturic

+1(631) 633-0347

Agent License ID: 9553030

Agent License ID: 9553030

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