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.
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Last Checked: September 18th, 2026 at 7:48am (Source: MLS PIN #73571221)
General Information for 175 Mystic Ave, Medford MA 02155
Listing ID73571221
Price3500000
Land TypeCommercial
Approx AcresApprox. 0.45 acres (19,754 SqFt)
Number of Lots
Approximate Street Frontage190.00
Road Frontage Type
ZoningC2
Electric220 Volts
GasOn-Site
WaterPublic,on-site
SewerPublic Sewer,on-site
PERC Test
Association Required
Association Fee
Lot FeaturesGentle Sloping
Waterfront0
Waterfront Features
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Disclosures for 175 Mystic Ave, Medford MA 02155
DEQE/DEP#140
Special Listing Conditions
Financial Information for 175 Mystic Ave, Medford MA 02155
Association Fee
Tax26596
Tax Year2026
Assessed Value$1,594,500
Contact Information for 175 Mystic Ave, Medford MA 02155