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West Medford Commercial Building For Sale
For Sale
$1,750,000
Pending

438-440 High St, Medford, MA 02155

Commercial building in West Medford with development potential.

Property SizeContact for details
Lot Size0.14 Acres
Days on Market266

Property Features for 438-440 High St

General Information

Standard status Pending
Lot size 0.14 Acres
Property subtype Commercial

Building Details

Year Built 1945
Listing Agency: Thompson Realty
Listed By: Jamie Thompson
Source: Elliman
Added: Nov 27, 2025 Changed: Jul 10 Last Checked: Aug 20 at 10:36AM

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 Thompson Realty

Investment Insights

Based on property information with market context.

This commercial building is located 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 Pattys, 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 4977 square foot commercial building with a full basement on a lot that is 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. Zoned C1, the property is part of Medford's ongoing rezoning plans. This offering presents numerous possibilities, including mixed-use potential. Buyers are responsible for conducting their due diligence and should verify all information.

Key Highlights

  • Rare development or hold opportunity in West Medford with mixed‑use potential.
  • Prime location with convenient access to Rt16, Rt 2, I‑93, and MBTA bus stop across the street.
  • Proximity to West Medford Commuter Rail (11‑minute ride to Boston) and close to Orange, Green, and Red lines.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Hair Salon Parking Lot & Garage Nail Salon

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

595
Businesses Nearby
36k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 74% Dining 26%
Whole Foods Market Groceries
26,395 visits/mo 0.3 miles
Dunkin' Donuts Dining
9,379 visits/mo 0.2 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial building in West Medford with development potential.
Where is this retail space 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 with mixed‑use potential.; Prime location with convenient access to Rt16, Rt 2, I‑93, and MBTA bus stop across the street.; Proximity to West Medford Commuter Rail (11‑minute ride to Boston) and close to Orange, Green, and Red lines.
More about this property
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