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438-440 High St Medford, MA 02155

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For Sale
$1,750,000

Mixed-use commercial building in West Medford with development potential.

Property Features for 438-440 High St

General Information

Standard status
Active

Building Details

Year built
1945

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Listing Contact
Jamie Thompson
Source: Corcoran

Listing Agency: Thompson Realty Listing Agent: Jamie Thompson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

West Medford Mixed-Use Opportunity

This is a rare development or hold opportunity in West Medford, offering convenient access to Route 16, Route 2, and I-93. An MBTA bus stop is located across the street, and the Commuter Rail in West Medford Square provides an 11-minute ride to Boston. Medford Square is less than 1 mile away. The property is steps away from local shops, including Snappy Patty’s, Bistro 5, Paul Revere Restaurant, Simple Fare, C.B Scoops, The Magnificent Muffin, Medford Brewing, Dunkin Donuts, and Walgreens, and a short trip to Whole Foods and Starbucks on Mystic Valley Parkway. It is also minutes from Somerville, Cambridge, and Arlington. The property features a 4977 square foot commercial building with a full basement on a lot of just over 6000 square feet. It is close to the Orange, Green, and Red lines. Current tenants include a liquor store and hair salon, both on month-to-month gross terms. Currently zoned C1, the property is part of Medford’s ongoing rezoning plans. This unique offering presents numerous possibilities, including mixed-use potential.
Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Medford
County
Middlesex
State
Massachusetts
Longitude
-71.1312386
Latitude
42.4209068

FAQs

What type of property is this?
Mixed-use property - Mixed-use commercial building in West Medford with development potential.
Where is this mixed-use property located?
The property is located at 438-440 High St Medford, MA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: - Prime location with convenient access to Rt16, Rt 2, and I-93, and close proximity to Boston.; - High-traffic location with MBTA bus stop across the street and Commuter Rail access (11 minutes to Boston).; - Large 6,000+ sqft lot with a 4,977 sqft commercial building and full basement.
More about this property
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