Prime opportunity in Medford! This 8,894 sqft corner lot at Park St and Salem St comes with APPROVED PLANS and PERMITS IN REVIEW for a mixed-use building. The project includes 7 stylish condos—6 two-bedroom units and 1 one-bedroom unit—ranging from 557 sqft to 1,495 sqft. Designed with modern living in mind, the plans feature 8 parking spaces (4 covered), a bike rack, elevator, mail room, and a rooftop lounge for residents. Additionally, there are 2 commercial spaces ideal for local businesses. Located near 93 and just steps from Roberts Elementary School, this lot offers a fantastic development opportunity in a growing area.

Property Details

Price:
$2,200,000
MLS #:
73284858
Status:
Active
Beds:
0
Baths:
0
Address:
290 Salem St
Type:
Land
City:
Medford
Listed Date:
Sep 4, 2024
State:
MA
ZIP:
02155
Lot Size:
8,712 sqft / 0.20 acres (approx)

Schools

Interior

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access

Financial

Tax Year
2024
Taxes
$16,254

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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290 Salem St
Medford, MA