Active
27 Days on market
175 Mystic Ave Medford — Photo 1 of 2

175 Mystic Ave Medford — Photo 1 of 2

$3,500,000

175 Mystic Ave, Medford, MA 02155

Medford, MA 02155

Beds

--

Baths

4

SqFt

5,847

Style

Other

Built

1928

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.

Market Value Analysis

This Property
Size (SqFt) →Price →

Limited sample — based on 4 comparable properties.

This Property$599/sqft
Local Avg (Medford)$264/sqft
127% AboveMarket Average

* Analysis is based on 4 actively listed and recently sold comparable properties strictly within Medford, MA.

Property Details

Financials

Original Price$3,500,000
Annual Taxes$26,596

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
Water--
Sewer--

Building & Exterior

Construction--
RoofTar/Gravel
Foundation--
ZoningMX-2

Property & Lot

Acres0.45
SqFt Lot19,754
Lot Features--

Geography

Property History

Listed
$3,500,000

Sep 2, 2026

MLS® 73571221

Listed
$3,500,000

Aug 13, 2026

MLS® 73563153

Population

61,730

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$130K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

46.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Christopher L. Barnard

Listing Office: Barnard Real Estate Advisors, LLC

MLS® Number: 73563153

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