INNOVATE Real Estate
Commercial at 243 Mystic Ave, Medford MA 02155
Commercial at 243 Mystic Ave, Medford MA 02155, photo 2 of 6
Commercial at 243 Mystic Ave, Medford MA 02155, photo 3 of 6
Commercial at 243 Mystic Ave, Medford MA 02155, photo 4 of 6
Commercial at 243 Mystic Ave, Medford MA 02155, photo 5 of 6
Commercial at 243 Mystic Ave, Medford MA 02155, photo 6 of 6
6 photos

$1,695,000

243 Mystic Ave, Medford MA 02155
Medford, MA 02155
Listed by Charles River Properties Group
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Positioned along Medford’s evolving Mystic Avenue corridor, 243 Mystic Ave offers an 8,276± SF commercial site with visibility, flexibility, and long-term redevelopment potential. This corridor is gaining attention as Medford continues to evaluate zoning updates, transit-oriented growth, mixed-use opportunities, housing needs, and commercial revitalization in key gateway areas. The site benefits from convenient access to I-93, Route 16/Revere Beach Parkway, Fellsway/Route 28, Wellington Circle, Somerville, Everett, Boston, and the inner north suburbs. Nearby public transit adds value with service along Mystic Avenue and Wellington Station offering Orange Line access plus multiple bus connections. Potential uses may include retail, office, contractor, service, light industrial, owner-user occupancy, investment hold, or future mixed-use redevelopment. Buyer to perform all zoning, permitting, environmental, utility, access, and redevelopment due diligence.

Property details

MLS
MLS Property Information Network
MLS #
73545016
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
111
On market date
July 6, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.19 acres

Location

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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.

Elementary
John J McGlynn Elementary School
0.32 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
442
Student:teacher ratio
11.6:1
District
Medford
Middle
John J. McGlynn Middle School
0.3 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
0.34 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).

94
Highly walkable
out of 100
EPA National Walkability Index
18.0 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores14
Parks20
Schools20
Transit stops20
Pharmacies4

Market position

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

On the market 111 days -- 25 more days than Medford's current average of 86 days.
For reference, the median list price across 623 active listings in Medford right now is $369,900.

Mortgage calculator

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

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Est. monthly payment
$10,357/mo
$339,000 down
$1,356,000 loan
Principal & interest$8,795
Property tax (est.)$1,413
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 18 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.