1 / 12Active
$3,800,000
10,660 sqft · Commercial
497 Broadway
Somerville, MA 02145
Listing courtesy of Albert Bouchie, Gibson CRE · MLS PIN #73567685
1 / 22
ActiveListed 67 days ago
$3,500,000
175 Mystic Ave, Medford, MA 02155
- 5,847
- sqft
- Lot sizeThe land that comes with the home, as reported to the MLS.
- 0.45 acres
- Year builtThe year the building was originally built, as reported by the listing agent.
- 1928
- On the marketDays since the home was listed. New listings tend to move fastest.
- 67 days ago
- Property type
- Commercial
- Price per sqftList price divided by interior living area — handy for comparing homes of different sizes.
- $599
- Annual taxesLast annual property tax bill reported to the MLS. A new owner's bill can differ.
- $26,596
What’s Special
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 courtesy of Christopher L. Barnard, Barnard Real Estate Advisors, LLC · MLS PIN #73563153
Facts & Features
- Status
- Active
- Active status flag
- Active
- Living area
- 5,847 sqft
MLS PIN #73563153 · Listed August 13, 2026
Location
175 Mystic Ave, Medford · All Medford homes
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
$3,500,000
175 Mystic Ave
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
