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Investment Highlights

  • The property sits within the MX-2 subdistrict of the Mystic Avenue Corridor,
  • Value-Add Investment / Redevelopment Opportunity
  • 19,754 sq ft of land with approximately 190 feet of prime street frontage

Executive Summary

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.

Property Facts

Price $4,863,320 CAD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 19,754.00 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $4,863,320 CAD
Price Per AC $246.19 CAD
Lot Size 19,754.00 AC

A rare assemblage of nearly 20,000 SF of land in the heart of Medford's Mystic Avenue Corridor. The property sits within the MX-2 subdistrict of the Mystic AvenueCorridor, which permits multi-family and mixed-use development by right.

Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
  • Listing ID: 42020959

  • Date on Market: 2026-09-02

  • Last Updated:

  • Address: 175 Mystic Ave, Medford, MA 02155

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