Medford, MA Specialty Properties for Sale

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Somerville, MA Cambridge, MA Arlington, MA

Updated: Apr 24

Four-Unit Multifamily Investment Opportunity

87-89 Spring St, Medford, MA 2155

$1,499,000

Four Units on One Lot: Two separate structures provide a diverse rental portfolio.
Good Cash Flow: Presents an immediate income opportunity for investors.
Tenants Pay Utilities: Reduces landlord expenses and increases net operating income.
Large 5‑Bedroom Unit: Offers potential for higher rental income.
Convenient Location: Close proximity to transportation and shopping enhances tenant appeal.

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Updated: Feb 18, 2025

Former Convent and Dormitory Building

2520 Mystic Valley Parkway, Medford, MA 2155

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20,000 sqft

Approx. 20,000 SF former convent & former dormitory building with 2 levels of flexible space
Sited directly on Route 16 with approx. 30‑car parking and easy access to major routes including the Route 93 off‑ramp
1st level includes multiple classrooms/conference rooms, offices, and bathrooms with shower stalls plus smaller and larger kitchens and cafeteria access
2nd level features 20+ dormitory‑style rooms with larger bathrooms with shower stalls, additional storage, and access to the roof
Basement extends the length of the building for extensive storage

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Based on your search, we've compiled 60 Potential Opportunities for your consideration. Besides 2 Active listings in Medford, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 50 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Worship and Community-Use Property

34 Malden St, Everett, MA 2149

$2,750,000

Well-located property with architectural detail in suburban Boston.

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Historic Crowninshield House For Sale

164 Marlborough St, Boston, MA 2116

$9,950,000

0.05 AC lot

Historic 4-story brick building ready for conversion or restoration.

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Ground-Floor Flex Retail/Office Space

13 Chelsea, Everett, MA 2149

Contact for pricing

Ground-floor suite with high visibility, previously used as a church and campaign office, suited for multiple retail or service uses.

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Premier Boston Harbor Waterfront Marina

28 Constitution Rd, Boston, MA 2129

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Trophy marina asset in a world-class urban waterfront setting.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Danvers Land Near Rail Trail

63 Adams St, Danvers, MA 01923

$200,000

1.52 AC lot

1.52 acre lot near North Shore amenities.

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Groton Development Opportunity on Route

797 Boston Rd, Groton, MA 1450

$825,000

Strategically located parcel with development potential in a mixed-use corridor.

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Groton Commercial Development Opportunity

797 Boston Rd, Groton, MA 01450

$825,000

2.80 AC lot

Prime land parcel in Groton, MA, for diverse development.

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Hopkinton Land Site on Route 135

124 E Main St, Hopkinton, MA 1748

Contact for pricing

7.29 AC lot

$720,000

Estimated value

36,299 sqft · 3.27 AC lot

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CHARITABLE ORGANIZATION

Unit 101

Value Estimation by Request

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CHARITABLE ORGANIZATION

643 Broadway, Medford, MA 02155

Value Estimation by Request

15,261 sqft · 0.28 AC lot

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CHARITABLE ORGANIZATION

81 Wolcott St, Medford, MA 02155-3422

Value Estimation by Request

1,588 sqft · 0.17 AC lot

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CHARITABLE ORGANIZATION

101 Main St Ste, Medford, MA 02155-4530

Unit 111

Value Estimation by Request

2,430 sqft

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Medford, MA Specialty Properties Market Trends and Statistics

Explore 52 specialty properties for sale in Medford, MA on our real estate platform. These investment opportunities span a total of 20,000 square feet of properties for sale, with an estimated market value of $1,499,015.

Sale prices for properties in Medford, MA start at $15, averaging $749,507, and reaching up to $1,499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 61K

Population Growth (5Y) +2.5%

Median Household Income $118,403

College Educated 42.5%

High-Yield Neighborhoods for Investment

Identify Medford submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
02155	$1.5M

Taxes & Financing

Tax Rate (average for all types) 1.57%

Property Tax per SF $9.72 per SF

Tax Rate vs County Average 0.19 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Middlesex County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Medford fall within the 50,000 to 100,000 square foot range.

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Medford, MA Specialty Properties for Sale

87-89 Spring St, Medford, MA 2155

2520 Mystic Valley Parkway, Medford, MA 2155

Opportunities in Nearby Cities

34 Malden St, Everett, MA 2149

164 Marlborough St, Boston, MA 2116

13 Chelsea, Everett, MA 2149

28 Constitution Rd, Boston, MA 2129

Potential Development Sites for Consideration

63 Adams St, Danvers, MA 01923

797 Boston Rd, Groton, MA 1450

797 Boston Rd, Groton, MA 01450

124 E Main St, Hopkinton, MA 1748

Off-Market Properties in Medford, MA

47 Grover Rd, Medford, MA 02155

5 Beech St, Medford, MA 02155-1802

520 Main St, Medford, MA 02155-6538

254 Salem St, Medford, MA 02155-3311

307 Winthrop St, Medford, MA 02155-2354

59 Bradbury Ave, Medford, MA 02155-5041

175 Rivers Edge Dr, Medford, MA 02155-5456

325 Rivers Edge Dr, Medford, MA 02155-5456

111 Arlington St, Medford, MA 02155-6707

29 Frst St, Medford, MA 02155-3128

40 Everett St, Medford, MA 02155-2610

291 Mystic Ave, Medford, MA 02155-6313

34 Grv St, Medford, MA 02155-1444

196 Fellsway W, Medford, MA 02155-2061

101 Main St Ste, Medford, MA 02155-4530

10 Governors Ave, Medford, MA 02155-3007

101 Main St Ste, Medford, MA 02155-4530

121 Washington St, Medford, MA 02155-4756

101 Main St Ste, Medford, MA 02155-4530

643 Broadway, Medford, MA 02155

81 Wolcott St, Medford, MA 02155-3422

101 Main St Ste, Medford, MA 02155-4530

Medford, MA Specialty Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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