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.
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.
Potential two unit development. Rare opportunity in the heart of West Medford! This traditional Colonial, set on a large private lot, offers exceptional potential for developers, investors, or buyers with vision. Currently zoned GR, the property presents the strong possibility for 2 units with street frontage on both Sharon and Sherman Streets. Historic Commission approval for removal has already been obtained by the owners but is not transferrable. However, the new owner may reapply. Ideally located with easy access to Cambridge, Boston, and Tufts University, while also convenient to the MBTA Commuter Rail with direct access to North Station. Enjoy nearby shops, restaurants, and the vibrant West Medford neighborhood. Whether restoring the existing home or pursuing redevelopment, this is a unique opportunity in a prime location.
Motivated Seller!!!! Buildable land for sale in quiet sought after neighborhood. Build your dream home now and move in before the Holidays!!!!
Medford is located in Massachusetts. Medford, Massachusetts has a population of 60,708. Medford is less family-centric than the surrounding county with 28.61% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Medford, Massachusetts is $107,853. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Medford is 35.7 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 19.1 degrees. The average rainfall is approximately 48 inches per year, with 52.3 inches of snow per year.
