Mystic Ave Medford, MA 02155
- Commercial real estate
- 0.32 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Mystic Ave
- Year built
- 1984
- Lot size
- 0.32 lot acres
- Property type
- Commercial real estate
Description
This exceptional property, located on Mystic Avenue in Medford, MA, presents a rare investment opportunity. Situated on a sizable 0.32-acre lot, this high-visibility location boasts excellent access to major roadways, including I-93, and is conveniently close to public transportation and the Somerville border. The property includes a substantial commercial building, approximately 2400 square feet, currently operating as an auto repair shop. The building features two bays, two overhead doors (one 10' and one 14'), and oil-fired heating. Also included is a spacious six-plus room residential single-family home, offering a living room, dining room, kitchen, three bedrooms, and additional space on the third level. The property's 13,000+ square foot lot provides ample additional space, presenting significant redevelopment potential. This unique offering combines commercial and residential components in a prime location, making it ideal for a variety of uses. The high traffic count on Mystic Avenue, known as "The Gateway to Medford," ensures exceptional visibility and accessibility. Buyers are responsible for conducting their own due diligence. This is a superb chance to acquire a high-impact property in a thriving area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.1047
- Latitude
- 42.4172