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438-440 High St Medford, MA 02155

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For Sale
$1,750,000

Rare development opportunity near transportation and local amenities.

Lot size:
0.14 Acres

Property Features for 438-440 High St

General Information

Property type
Commercial
Standard status
Active
Lot size
0.14 Acres

Building Details

Year built
1945

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Listing Contact
Jamie Thompson
Source: Elliman

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 property presents 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 location 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. Somerville, Cambridge, and Arlington are just minutes away. The property features a 6,000+ square foot lot with a 4,977 square foot commercial building and a full basement. 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. Buyers are responsible for conducting their due diligence.
Location Intelligence

Current Use by Public Records

Mixed-use 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 - Rare development opportunity near transportation and local amenities.
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: - Rare development or hold opportunity in West Medford.; - Excellent location with convenient access to Rt16, Rt 2, and I-93, and close proximity to Somerville, Cambridge, and Arlington.; - MBTA Bus stop across the street and Commuter Rail in West Medford Square (11 minute ride to Boston).
More about this property
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