Active
17 Days on market
175 Mystic Ave Medford — Photo 1 of 22

175 Mystic Ave Medford — Photo 1 of 22

$3,500,000

175 Mystic Ave, Medford, MA 02155

Medford, MA 02155

Beds

--

Baths

--

SqFt

99,999

Style

5-9 Family

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.

Key facts

It was listed on September 16, 2026. The annual property taxes are $26,596 (2026 tax year). It sits on a 0.45-acre (19,754 sq ft) lot.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$35/sqft
Local Avg (Medford)$453/sqft
92% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Medford, MA.

Property Details

Financials

Original Price$3,500,000
Annual Taxes$26,596

Parking

Garage0
Off-Street22

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationOther
ZoningMX-2

Property & Lot

Acres0.45
SqFt Lot19,754
Lot FeaturesCorner Lot, Easements, Level, Other

Neighborhood

Public Transportation • Shopping • Pool • Park • Medical Facility • Bike Path

Geography

Property History

Listed
$3,500,000

Sep 16, 2026

MLS® 73577845

Listed
$3,500,000

Sep 2, 2026

MLS® 73571221

Listed
$3,500,000

Aug 13, 2026

MLS® 73563153

Questions about this home

When was 175 Mystic Ave, Medford listed?

175 Mystic Ave, Medford was listed on September 16, 2026.

Has the price of 175 Mystic Ave, Medford changed?

The price hasn't changed since it was listed at $3,500,000.

What are the property taxes for 175 Mystic Ave, Medford?

The annual property taxes for 175 Mystic Ave, Medford are $26,596 (2026 tax year).

How big is the lot at 175 Mystic Ave, Medford?

175 Mystic Ave, Medford sits on a 0.45-acre (19,754 sq ft) lot.

What is the status of 175 Mystic Ave, Medford?

175 Mystic Ave, Medford is actively listed for sale.

Population

61,730

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$130K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

46.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Christopher L. Barnard

Listing Office: Barnard Real Estate Advisors, LLC

MLS® Number: 73577845