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.
This home has been viewed 9 times
Last Checked: September 21st, 2026 at 7:18am (Source: MLS PIN #73577845)
Gross Income: $0
Gross Expenses: $26,596
Net Income Calc: $26,596
Water Views
Annual Expenses for 175 Mystic Ave, Medford MA 02155
Total Gross Expenses (Calculated)$26,596/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax26596
Annual Income & Unit Breakdown for 175 Mystic Ave, Medford MA 02155
Total Gross Income (Calculated)$0
General Information for 175 Mystic Ave, Medford MA 02155
Listing ID73577845
Property TypeMulti Family / 5+ Family
Price3500000 ($35/SqFt)
Style5-9 Family
CityMedford
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total99999
Approximate Lot Size (Acres)0.45
Total Parking22
Garage Parking0
Year Built1928
Year Built SourcePublic Records
Year Built DetailsUnknown/Mixed
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Area9999999999
Foundation Description
Accessible Features
Outdoor Space
ZoningMX-2
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 175 Mystic Ave, Medford MA 02155
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
ExclusionsWasher/Dryer And Sellers Personal Items.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 175 Mystic Ave, Medford MA 02155
Real Estate Taxes26596
Tax Year2026
Assessed Value$1,594,500
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 175 Mystic Ave, Medford MA 02155
Elementary SchoolAsk City
Middle SchoolAsk City
High SchoolMedford High School
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 175 Mystic Ave, Medford MA 02155