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.
| Listing ID: | 73577845 |
|---|---|
| List Price: | $3,500,000 |
| Property Type: | Residential Income |
| Property Sub Type: | 5-9 Family |
| Status: | Active |
| Living Area: | 99,999 |
| Tax Annual Amount: | $26,596 |
| Lot Size Square Feet: | 19,754 |
| Lot Size Acres: | 0.45 |
| City: | Medford |
| County Or Parish: | Middlesex |
| Postal Code: | 02155 |
| Year Built: | 1928 |
| Lot Features: | Corner Lot, Easements, Level, Other |
| Parking Features: | Paved Drive, Paved |
| Status: | Active |
| State Or Province: | MA |
| Water Source: | Public |
| Foundation Details: | Other |
| Postal Code Plus4: | 4619 |
| Listing Contract Date: | 2026-09-16 |
| Lot Size Area: | 0.45 |
| Bathrooms Total Integer: | 0 |
| Basement: | false |
| Building Area Source: | Other |
| 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 |
| Levels: | 0 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Open Parking?: | Yes |
| Parcel Number: | M:R10 B:0031 L:0000, 643548 |
| Sewer: | Public Sewer |
| Zoning: | MX-2 |
| Elementary School: | Ask City |
| High School: | Medford High School |
| Middle Or Junior School: | Ask City |
| View: | City View(s) |
| Year Built Source: | Public Records |
| Farm Land Area Units: | Square Feet |
| Foundation Area: | 9,999,999,999 |
| Frontage Length: | 190.00 |
| Gross Income: | $114,720 |
| Apod Available: | No |
| Disclosure: | No |
| Dpr Flag: | No |
| Lead Paint: | Unknown |
| Lease 1: | No |
| Lease 2: | No |
| Listing Alert: | No |
| List Price Per Sqft: | $35.00 |
| Page: | 359 |
| Price Per Sqft: | $35.00 |
| Sewage District: | MWRA |
| Square Feet Incl Base: | No |
| Uffi: | Unknown |
| Original List Price: | $3,500,000 |
| Parking Total: | 22 |
| Tax Assessed Value: | $1,594,500 |
| Tax Year: | 2026 |
| View?: | Yes |
| Year Built Details: | Unknown/Mixed |
| Waterview Flag: | No |
| Building Area Total: | 99,999 |
| Above Grade Finished Area: | 99,999 |
| Open Parking Spaces: | 22 |
| Living Area Source: | Other |
| Total Flrs: | 0 |
| Beachfront Flag: | No |
Listing Courtesy of: Barnard Real Estate Advisors, LLC
Listing Agent: Christopher L Barnard
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MLS Property Information Network, Inc. data last updated on October 08, 2026 04:59 PM - ET
Property Last Updated: October 08, 2026 04:59 PM - ET
