175 Mystic Ave, Medford MA 02155

Medford, MA 02155
$3,500,000
Est. $20,114/month
5,847
Sq Ft
$599
Price/Sq Ft
0.45
Acres
1928
Year Built
3 hours 44 minutes
Time on Market
For Sale Listed Aug 13, 2026 • MLS# 73563153 Copied! • Updated Aug 13, 2026

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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.

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Property History

Property Timeline

🏠
Listed for Sale
Aug 13, 2026
$3,500,000
Original listing
Agent: Christopher L. Barnard Office: Barnard Real Estate Advisors, LLC

Tax History

Year Taxes Assessment
2026 $26,596

Financial Details

Annual Property Tax
$26,596
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1928
Living Area 5,847 sq ft
Lot Size 0.45 acres
Gross Income $33,210
Net Operating Income $114,720
Cap Rate 3.28%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Tar/gravel
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $26,596
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures List Agent Makes No Representations Or Warranties. Buyer To Conduct Their Own Due Diligence.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Middlesex

Property Overview

Listing Type
For Sale
Year Built
1928
Living Area
5,847 sq ft

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
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Construction & Materials

Year Built: 1928
Structure Type:
Exterior Materials:
Roof: Tar/Gravel
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
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Sewer:
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Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Frontage: 190.00 ft
Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $2,216
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
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+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

175 Mystic Ave, Medford MA 02155

Medford, MA 02155

Listing Information

Listing Agent Christopher L. Barnard
Listing Office Barnard Real Estate Advisors, LLC
Office Phone 781-953-9713
Agent MLS ID BB809423
Office MLS ID AC0246
Listing Data Updated Aug 13, 2026 9:38 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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