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Commercial Land with Existing Building
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393-395 Main Street, Medford, MA 02155

C-1 zoning and a city allowance for a five-story structure inform redevelopment planning.

Property SizeContact for details
Days on Market11

Property Features for 393-395 Main Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: Marcus & Millichap - Boston
Listed By: Matthew Pierce · License #9506948
Source: Crexi
Added: Sep 16 Changed: Sep 24 Last Checked: Sep 24 at 3:15PM

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 Marcus & Millichap - Boston

Investment Insights

Based on property information with market context.

This 0.18-acre commercial parcel in Medford contains a single-story building with two tenants and approximately 12,000 square feet. The property has 70 feet of frontage on Main Street and is zoned C-1 Commercial. The city allows a five-story structure at this parcel location.

The site is 1/2 mile from Tufts University and 5 miles north of Downtown Boston. Its existing building and stated development allowance provide the key physical and planning context for evaluating the property.

Key Highlights

  • 0.18‑acre commercial parcel with an existing building
  • Single‑story, two‑tenant building with approximately 12,000 SF
  • 70 feet of frontage on Main Street

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Food Market Computer & Electronic Repair Travel Agency Hotel & Motel Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,313
Businesses Nearby
70k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 71% Shops & Services 26% Home Improvements & Furnishings 3%
Burger King Dining
22,105 visits/mo 0.4 miles
Dunkin' Donuts Dining
17,098 visits/mo 0.3 miles
Dunkin' Donuts Dining
6,731 visits/mo 0.5 miles
AutoZone Shops & Services
6,042 visits/mo 0.4 miles
7-Eleven Shops & Services
5,303 visits/mo 0.4 miles

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

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - C-1 zoning and a city allowance for a five-story structure inform redevelopment planning.
Where is this commercial land located?
The property is located at 393-395 Main Street Medford, MA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 0.18‑acre commercial parcel with an existing building; Single‑story, two‑tenant building with approximately 12,000 SF; 70 feet of frontage on Main Street
(617) 896-7200 Call to check price and availability
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