
175 Mystic Ave Medford — Photo 1 of 2
$3,500,000
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.
Limited sample — based on 4 comparable properties.
* Analysis is based on 4 actively listed and recently sold comparable properties strictly within Medford, MA.
61,730
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$130K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
46.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
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 Agent: Christopher L. Barnard
Listing Office: Barnard Real Estate Advisors, LLC
MLS® Number: 73563153





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