438-440 High St, Medford, MA 02155

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Sold Price
$1,600,000
List Price
$1,750,000
Status
SOLD
MLS#
73351845
Lot Size (Acres)
0.14
Year Built
1945

Property Description

Rare development or hold opportunity in West Medford. Convenient access to Rt16, Rt 2, and I-93. MBTA Bus stop across the street. Commuter Rail in West Medford Square, 11 minute ride to Boston. Medford Square is less than 1 mile away. Steps to local shops (Snappy Patty’s, Bistro 5, Paul Revere Restaurant, Simple Fare, C.B Scoops, The Magnificent Muffin, Medford Brewing, Dunkin Donuts, and Walgreens) or short trip to Whole Foods, and Starbucks on Mystic Valley Pkwy. Minutes to Somerville, Cambridge, and Arlington. Just over 6k sqft lot with a 4977 sqft commercial building with full basement. Close to Orange, Green, and Red lines. Current tenants include a liquor store and hair salon, both on MTM gross terms. Currently zoned C1, and part of Medford’s ongoing rezoning plans. This unique offering presents numerous possibilities, including mixed-use potential. Buyers are responsible for conducting their due diligence.

Additional Information

Taxes
$14,697

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Listing courtesy of Listing Agent: Jamie Thompson from Listing Office: Thompson Realty.

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