Skip to main content

Multifamily

Medford Main Street Development

393 Main St, Medford, MA 02155

Listing Price: Request For Offer

Number of Units
2
Occupancy
1.0%
Gross SF
11,700

Investment Overview

Marcus & Millichap is excited to present the Medford Main Street Development opportunity located in Downtown Medford, MA, just 1/2 mile to Tufts University and 5-miles north of Downtown Boston. The current building is a single story, two-tenant structure with approximately 12,000 SF on .18 acres with 70-feet of frontage. Zoning for this location is C1 Commercial. The City of Medford allows for a five-story structure for this parcel location allowing many use cases. Since the 2020 pandemic, the City of Medford is in high demand for new development opportunities. The Main Street location presents investors and developers a rare-to-market opportunity to build commercial, residential and/or mixed-use structure in a highly demanded submarket north of Boston close to the best colleges/universities and employers in the country.

Investment Highlights

  • Main Street development opportunity located on Main Street in Downtown Medford, MA. Just 1/2 mile to Tuft University and approximately 5-miles (15-minutes) north of Downtown Boston.
  • Currently a single story, two tenant building with approximately 12,000 SF on .18 acres and 70 feet of frontage. Zoned C1 which allows up to a five-story structure.
  • Investors and developers have the ability to acquire a rare to market opportunity in a highly demanded and trafficked area of Medford.

Exclusively Listed By

Financing By

Multifamily

Medford Main Street Development

Listing Price: Request For Offer

Number of Units
2
Occupancy
1.0%
Gross SF
11,700

Investment Highlights

  • Main Street development opportunity located on Main Street in Downtown Medford, MA. Just 1/2 mile to Tuft University and approximately 5-miles (15-minutes) north of Downtown Boston.
  • Currently a single story, two tenant building with approximately 12,000 SF on .18 acres and 70 feet of frontage. Zoned C1 which allows up to a five-story structure.
  • Investors and developers have the ability to acquire a rare to market opportunity in a highly demanded and trafficked area of Medford.

Investment Overview

Marcus & Millichap is excited to present the Medford Main Street Development opportunity located in Downtown Medford, MA, just 1/2 mile to Tufts University and 5-miles north of Downtown Boston. The current building is a single story, two-tenant structure with approximately 12,000 SF on .18 acres with 70-feet of frontage. Zoning for this location is C1 Commercial. The City of Medford allows for a five-story structure for this parcel location allowing many use cases. Since the 2020 pandemic, the City of Medford is in high demand for new development opportunities. The Main Street location presents investors and developers a rare-to-market opportunity to build commercial, residential and/or mixed-use structure in a highly demanded submarket north of Boston close to the best colleges/universities and employers in the country.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower