Former Convent and Dormitory
For Lease
$15 SF/Yr
2520 Mystic Valley Pkwy, Medford, MA 02155
Versatile 20,000 sq ft building for lease near Boston.
Space SizeContact for details
Lot Size2.30 Acres
Days on Market164
Property Features for 2520 Mystic Valley Pkwy
General Information
Standard status
Active
Lot size
2.30 Acres
Property subtype
Commercial
Building Details
Year Built
9999
Listing Agency:
RE/MAX ANDREW REALTY SERVICES
(617) 840-5499
Listed By:
John Veneziano
(617) 840-5499
Source:
Elliman
Added: Mar 10
Changed: Aug 14
Last Checked: Aug 13 at 4:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX ANDREW REALTY SERVICES
Investment Insights
Based on property information with market context.
This is a rare opportunity to lease a former convent and dormitory, previously the Boston Hockey Academy. The approximately 20,000 square foot brick building includes approximately 30 parking spaces. It is located directly on Route 16 and is close to major routes, including a Route 93 off-ramp, and across from the Mystic River and Condon Shell. The building features two levels of flexible space. The first level includes multiple classrooms or conference rooms, offices, bathrooms with shower stalls, one smaller kitchen, and one larger kitchen with immediate access to a cafeteria. It also has storage space and stairwells to the second level. The second level comprises over 20 dormitory-style rooms, larger bathrooms with shower stalls, additional storage space, and access to the roof. A basement extends the length of the building, providing extensive storage. The property also offers generous frontage space, a covered porch, and patio areas. This versatile space is suitable for a variety of needs and uses. The location is highly visible and easy to reach, with ample parking, and is approximately 6 miles from Boston.
Key Highlights
- Highly visible location on Route 16 with easy access to major routes including Route 93 and proximity to Boston (approx. 6 miles).
- Approx. 20,000 sq ft of flexible space suitable for a variety of uses.
- Approx. 30 car parking.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,836
Businesses Nearby
Explore this area
Business Placement
Demographics for 02155, MA
61,483
Population
25,893
Households
2.4
Avg Household Size
36
Median Age
58%
College-Educated
93%
High-School Grad
8.2 sq mi
ZIP Area
7,498
Density / Sq Mi
$118,403
Median Household Income
$60,825
Median Earnings
$2,483
Median Rent
$715,500
Median Home Value
Market
Lease Benchmarks for Medford, MA
$11.5 /SF/Yr
Avg Asking Price
$8–$15 /SF/Yr
Price Range
18,500 SF
Avg Space Size
This space is priced 30% above the average of $11.5 /SF/Yr.
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
School - Versatile 20,000 sq ft building for lease near Boston.
Where is this school located?
The property is located at 2520 Mystic Valley Pkwy Medford, MA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Highly visible location on Route 16 with easy access to major routes including Route 93 and proximity to Boston (approx. 6 miles).; Approx. 20,000 sq ft of flexible space suitable for a variety of uses.; Approx. 30 car parking.
