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393 Main St
Medford, MA 02155
Two-Tenant Retail / Mixed-use Redevelopment · Retail Property For Sale
Investment Highlights
- Two-Tenant Retail Property comprised of 12k SF on Main Street in Medford, MA near Tufts University
- City of Medford is currently undergroing new zoning ordinanace to encourage more residential and mixed-use development.
- Multifamily / Mixed-Use Redevelopment Opportunity zoned C-1 allowing up to 5-Stories by Right
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
11,700 SF
Building Class
C
Year Built
1950
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.49
Lot Size
0.18 AC
Zoning
Commercial - C-1 (see attached image). *Medford is currently in the process of updating their zoning ordinance which has passed initial approvals.
Frontage
65’ on Main Street
Property Taxes
| Parcel Number | MEDF-000009-000000-V000040 | Improvements Assessment | $851,600 |
| Land Assessment | $415,500 | Total Assessment | $1,267,100 |
Property Taxes
Parcel Number
MEDF-000009-000000-V000040
Land Assessment
$415,500
Improvements Assessment
$851,600
Total Assessment
$1,267,100
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