Commercial Sale at 393 Main Street, Medford MA 02155, Medford
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$5,500,000

393 Main Street, Medford MA 02155
Medford, MA 02155
Listed by Matthew Pierce
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1950

About this home

Marcus & Millichap is excited to present the Medford Main Street Two-Tenant Retail & Mixed use Development opportunity located near the new MBTA Green Line, just 1/2 mile to Tufts University and 5-miles north of Downtown Boston. The current building is a single story, two-tenant structure with approximately 12,000 SF on .18 acres with 70-feet of frontage. Zoning for this location is C-1 Commercial. The City of Medford allows for a 5+-story structure for this parcel location allowing many use cases. The Main Street location presents investors and developers a rare to-market opportunity to build commercial, residential and/or mixed-use structure in a highly demanded submarket just north of Boston.

Property details

MLS #
73583328
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
2
On market date
September 28, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.18 sqft
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Christopher Columbus
0.37 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
409
Student:teacher ratio
10.0:1
District
Medford
Middle
John J. McGlynn Middle School
0.59 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
457
Student:teacher ratio
9.3:1
District
Medford
High
Curtis-Tufts
0.12 mi away · Grades 10-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
12
Student:teacher ratio
4.0:1
District
Medford

Walkability

Blended score for Medford's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

80
Walkable
out of 100
EPA National Walkability Index
13.2 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies4

Market position

How this listing compares to current activity in Medford, from live MLS data.

On the market 2 days -- 76 fewer days than Medford's current average of 78 days.
For reference, the median list price across 552 active listings in Medford right now is $309,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$33,272/mo
$1,100,000 down
$4,400,000 loan
Principal & interest$28,538
Property tax (est.)$4,583
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.