For Sale
$3,395,000

Mystic Ave Medford, MA 02155

High-Visibility Commercial & Residential Property

Overview

Added:
Feb 3
Days on market:
78
This exceptional property, located on Mystic Avenue in Medford, MA, presents a rare investment opportunity. Situated on a sizable 0.32-acre lot, this high-visibility location boasts excellent access to major roadways, including I-93, and is conveniently close to public transportation and the Somerville border. The property includes a substantial commercial building, approximately 2400 square feet, currently operating as an auto repair shop. The building features two bays, two overhead doors (one 10' and one 14'), and oil-fired heating. Also included is a spacious six-plus room residential single-family home, offering a living room, dining room, kitchen, three bedrooms, and additional space on the third level. The property's 13,000+ square foot lot provides ample additional space, presenting significant redevelopment potential. This unique offering combines commercial and residential components in a prime location, making it ideal for a variety of uses. The high traffic count on Mystic Avenue, known as "The Gateway to Medford," ensures exceptional visibility and accessibility. Buyers are responsible for conducting their own due diligence. This is a superb chance to acquire a high-impact property in a thriving area.

Property Details for Mystic Ave

Property type
Commercial real estate
Year Built
1984
Lot Size (sq. ft)
13,939 SF

Location Insight

City
Medford
County
Middlesex
State
Massachusetts
Latitude
42.4172
Longitude
-71.1047

FAQs

What type of property is this?
Commercial real estate - High-Visibility Commercial & Residential Property
Where is the commercial real estate located?
The property is located at Mystic Ave Medford, MA.
What is the asking price?
The asking price for this property is $3,395,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Mystic Ave
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