5-9 Family at 175 Mystic Ave, Medford MA 02155, Medford
5-9 Family at 175 Mystic Ave, Medford MA 02155, Medford, photo 2 of 22
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22 photos

$3,500,000

175 Mystic Ave, Medford MA 02155
Medford, MA 02155
Listed by Christopher L. Barnard
Bedrooms
0
Bathrooms
N/A
Living area
99,999 sqft
Year built
1928

About this home

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.

Highlights

View

Property details

MLS #
73577845
Property type
5-9 Family
Subdivision
N/A
Status
Active
Days on market
8
On market date
September 16, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
22
Lot size
0.45 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
John J McGlynn Elementary School
0.36 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
0.35 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
0.42 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: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

91
Highly walkable
out of 100
EPA National Walkability Index
17.0 / 20 -- Most walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores17
Parks20
Schools20
Transit stops20
Pharmacies5

Market position

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

On the market 8 days -- 71 fewer days than Medford's current average of 79 days.
For reference, the median list price across 528 active listings in Medford right now is $8,000.

Mortgage calculator

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

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Est. monthly payment
$21,227/mo
$700,000 down
$2,800,000 loan
Principal & interest$18,161
Property tax (est.)$2,917
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 5 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.