67 Mystic Ave
3,600 SF Industrial Building Medford, MA 02155 $3,395,000 ($943.06/SF)
INVESTMENT HIGHLIGHTS
- Easy access to highways and public transportation
- High visibility Mystic Ave location
- Potential development opportunity
EXECUTIVE SUMMARY
Be one of the first to take advantage of this rare development opportunity - potentially up to 6 stories - on Mystic Ave., “The Gateway to Medford.” Outstanding visibility & excellent access to major routes including I-93, public transportation (buses & MBTA T-Station) & within close proximity to Medford Sq., Wellington Station, Somerville border & City of Boston. Approx. 13K+ sq ft lot contains commercial building, residential single home & excellent additional lot space. Presently used as auto repair shop, the approx. 2400 sq ft commercial building has 2 bays & 2 overhead doors: one 10’ and the other 14’ & is heated by oil. Large 6+ room residential single has living room, dining room, kitchen, 3 bedrooms, & additional space on 3rd level. This unique offering presents numerous possibilities, including mixed use potential. Buyers are responsible for conducting their due diligence. Superb chance to own a high-visibility property on Medford’s Mystic Ave.
PROPERTY FACTS
| Price | $3,395,000 |
| Price Per SF | $943.06 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.31 AC |
| Rentable Building Area | 3,600 SF |
| No. Stories | 1 |
| Year Built | 1958 |
| Tenancy | Single |
| Parking Ratio | 8.33/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
1 of 1
Walk Score®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | MEDF-000009-000000-P000048 | Improvements Assessment | $586,600 |
| Land Assessment | $741,100 | Total Assessment | $1,327,700 |
ZONING
| Zoning Code | Comm 2 Dist, Medford |
