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Development Opportunity on Mystic Avenue
For Sale
$9,950,000
Pending

67-73-81 Mystic Ave, Medford, MA 02155

Three contiguous parcels totaling 40,000 sq. ft. for development.

Property SizeContact for details
Lot Size0.96 Acres
Days on Market165

Property Features for 67-73-81 Mystic Ave

General Information

Standard status Pending
Lot size 0.96 Acres
Property subtype Commercial

Building Details

Year Built 9999
Listing Agency: REMAX Andrew Realty Services
Listed By: Scott Cutler · License #34090
Source: Elliman
Added: Mar 10 Changed: Jul 10 Last Checked: Aug 20 at 10:22AM

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 REMAX Andrew Realty Services

Investment Insights

Based on property information with market context.

This exceptional development opportunity features three contiguous parcels along high-visibility Mystic Avenue, totaling approximately 40,000 square feet, with potential for development up to 6 stories. Considered the “Gateway to Medford,” the site offers exposure and connectivity to I-93, Route 16, and Route One, and is approximately 6 miles from Boston. The location is surrounded by ongoing redevelopment and is minutes from Medford Square, Wellington Circle, Assembly Row, the Somerville Border, and public transit, including buses and the MBTA T-Station. This site is suitable for mixed-use, residential, or commercial expansion. It is located in a rapidly evolving corridor and is ideal for developers looking to capitalize on Medford's continued growth and transformation. Buyer to perform due diligence.

Key Highlights

  • Prime development opportunity: 40,000 sq ft across 3 parcels with potential for 6‑story development.
  • High‑visibility location on Mystic Ave, the "Gateway to Medford."**
  • Excellent connectivity to I‑93, Route 16, and Route One, approximately 6 miles from Boston.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store Nursing Home Garden Center Hotel & Motel Pharmacy

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

1,916
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Three contiguous parcels totaling 40,000 sq. ft. for development.
Where is this commercial land located?
The property is located at 67-73-81 Mystic Ave Medford, MA.
What is the asking price?
The asking price for this property is $9,950,000.
What are key features of this property?
This property features: Prime development opportunity: **40,000 sq ft across 3 parcels with potential for 6‑story development.**; High‑visibility location on Mystic Ave, the "Gateway to Medford."**; Excellent connectivity to I‑93, Route 16, and Route One, approximately 6 miles from Boston.
More about this property
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