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Professional Office Condo with Elevator
For Sale
$629,000

T31-92 High St, Medford, MA 02155

Professional office condo offering 14 rooms, including multiple exam rooms, plus a deeded 1-car parking space.

Property Size3,357 SF
Price / SF$187.37
Days on Market163

Property Features for T31-92 High St

General Information

Standard status Active
Size 3,357 SF
Total Parking Spaces 1

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $12,253

Amenities

elevator
gracious lobby with granite columns & coffered ceiling

Building Details

Tenancy Multi
Listing Agency: REMAX Andrew Realty Services
Listed By: John Veneziano
Source: Exprealty
Added: Apr 1 Changed: Sep 5 Last Checked: Sep 10 at 1:27PM

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 professional office condominium offers an expansive, flexible layout totaling 3,357 square feet, currently configured as 14 rooms. The space includes 2 offices, 9 exam rooms, a lounge, an oversized lobby and reception area, and 1 full and 1 half baths.

Located at T31-92 High St in the former Medford Armory, now the Marcus Fonzi Professional Office Condominiums, the unit sits directly on Route 60. The building provides elevator service and a gracious lobby with granite columns and a coffered ceiling, with access to Routes I-93, MA-16, and MA-38. The property is near municipal parking and on a bus line.

The condo has multiple vantage points with seasonal views of the Mystic River. It was formerly occupied by a medical practice and is described as well-suited for a variety of medical and professional uses.

Key Highlights

  • 3K+ SF professional office condo in the former Medford Armory (Marcus Fonzi Professional Office Condominiums)
  • 14‑room layout includes 2 offices, 9 exam rooms, lounge, oversized lobby and reception
  • 1 full and 1 half bath

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Grocery & Convenience Store Hotel & Motel Clothing & Fashion Store Nursing Home

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

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,741
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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professional office condo offering 14 rooms, including multiple exam rooms, plus a deeded 1-car parking space.
Where is this office units located?
The property is located at T31-92 High St Medford, MA.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: 3K+ SF professional office condo in the former Medford Armory (Marcus Fonzi Professional Office Condominiums); 14‑room layout includes 2 offices, 9 exam rooms, lounge, oversized lobby and reception; 1 full and 1 half bath
More about this property
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