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438-440 High St, Medford MA 02155

Medford, MA 02155
$1,900,000
Est. $11,032/month
0.14
Acres
1945
Year Built
293
Days on Market
Active Price Drop -$600,000 Listed Mar 29, 2025 • MLS# 73351845 Copied!

About this home

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.

Property Overview

Listing Type
Commercial Sale
Year Built
1945

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1945
Lot Size 0.14 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available, 110 Volts

Financial

Annual Tax $14,697

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1945
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

438-440 High St, Medford MA 02155

Medford, MA 02155

Walkability

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Nearby Schools

School District
Medford School District local
B+
School Safety 2024-25
1.0% Low
0.8% Suspensions 0.1% In-School 0.2% Emergency
4.5% below state avg
E

Elementary Schools

6 schools
St. Raphael Elementary School
0.2 mi
Grades PK-08
St. Joseph Elementary School
0.8 mi
Grades PK-08
A+
Brooks School
0.2 mi | #2 of 12 | Score: 59.7
Improved 135 spots from last year
+1.5 above state avg
556 students Moderate
Rising School
Grades PK-05
B
Milton Fuller Roberts School
1.6 mi | #353 of 824 | Score: 49.1
Improved 194 spots from last year
-9.1 below state avg
586 students Diverse
Rising School Diverse Student Body
Grades PK-05
B-
John J McGlynn Elementary School
1.9 mi | #422 of 824 | Score: 47.1
Improved 242 spots from last year
-11.1 below state avg
505 students Very Diverse
Rising School Diverse Student Body
Grades PK-05
B+
Missituk Elementary School
2.0 mi | #300 of 824 | Score: 50.8
Improved 77 spots from last year
-7.4 below state avg
418 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

2 schools
B+
Madeleine Dugger Andrews Middle School
1.8 mi | #128 of 352 | Score: 46.6
Improved 32 spots from last year
-11.6 below state avg
435 students Diverse
Rising School
Grades 06-08
B-
John J. McGlynn Middle School
2.7 mi | #206 of 352 | Score: 40.2
Improved 30 spots from last year
-18.1 below state avg
464 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
A-
Medford High School
0.7 mi | #94 of 346 | Score: 60.6
Improved 24 spots from last year
+2.3 above state avg
1,195 students Diverse
19 sports • 1,212 athletes
Strong AP Program Rising School Career Tech Programs College Ready Curriculum
Grades PK-12
Curtis-Tufts School
1.8 mi
11 students Diverse
Diverse Student Body
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,225
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1
Price Changes
13.6%
Price Range

Property Timeline

Price Reduced
Dec 6, 2025
$1,900,000 $300,000 (-13.64%)
From $2,200,000 to $1,900,000 (-13.6%)
🏠
Listed for Sale
Mar 29, 2025
$2,200,000
Original listing

Price & Status History

Date Event Price Change
Dec 6, 2025 Price Changed $1,900,000 -$300,000
Mar 29, 2025 New Listing Added $2,200,000

Market Statistics

Days on Market
293 days
Price per Sq Ft
$—
Total Price Drop
-$600,000

Tax History

Year Taxes Assessment
2025 $14,697

Financial Details

Annual Property Tax
$14,697
Tax Year 2025

Listing Information

Listing Agent Jamie Thompson
Listing Office Thompson Realty
Agent MLS ID CN219439
Office MLS ID B99777
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Medford, MA

Real-time market trends and pricing data for this area

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Steven Novak

Steven Novak

BMN Boston Real Estate

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