Active
65 Days on market
243 Mystic Ave Medford — Photo 1 of 6

243 Mystic Ave Medford — Photo 1 of 6

$1,695,000

243 Mystic Ave, Medford, MA 02155

Medford, MA 02155

Beds

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Baths

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SqFt

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Style

Commercial

Built

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Positioned along Medford’s evolving Mystic Avenue corridor, 243 Mystic Ave offers an 8,276± SF commercial site with visibility, flexibility, and long-term redevelopment potential. This corridor is gaining attention as Medford continues to evaluate zoning updates, transit-oriented growth, mixed-use opportunities, housing needs, and commercial revitalization in key gateway areas. The site benefits from convenient access to I-93, Route 16/Revere Beach Parkway, Fellsway/Route 28, Wellington Circle, Somerville, Everett, Boston, and the inner north suburbs. Nearby public transit adds value with service along Mystic Avenue and Wellington Station offering Orange Line access plus multiple bus connections. Potential uses may include retail, office, contractor, service, light industrial, owner-user occupancy, investment hold, or future mixed-use redevelopment. Buyer to perform all zoning, permitting, environmental, utility, access, and redevelopment due diligence.

Property Details

Financials

Original Price$1,695,000
Annual Taxes$12,959

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningC2

Property & Lot

Acres0.19
SqFt Lot8,205
Lot FeaturesCorner Lot, Cleared, Sidewalks

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Highway Access

Geography

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: Charles River Properties Group

Listing Office: Coldwell Banker Realty - Lexington

MLS® Number: 73545016

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