**Prime Development Opportunity in Medford, Massachusetts** Presenting Gravity 590, an exceptional approved development offering a rare opportunity for developers in the highly sought-after community of Medford. This 41,306 sq. ft. project is located on a 20,578 sq. ft. buildable lot, perfectly positioned near major hubs like Tufts University and the Green Line station, making it a commuter’s dream with easy access to Somerville, Cambridge, Boston, and beyond. The approved plans feature 45 residential units, a first floor retail space, ample parking, and bike storage, catering to the demand for modern city living. With its prime location and thoughtful design, Gravity 590 is poised to become a vibrant addition to Medford’s growing landscape. Don’t miss this unique investment opportunity to shape the future of a thriving community.

Property Details

Price:
$8,999,900
MLS #:
73298554
Status:
Active
Beds:
0
Baths:
0
Address:
590 Boston Ave
Type:
Land
Subtype:
Commercial
City:
Medford
Listed Date:
Oct 3, 2024
State:
MA
ZIP:
02155
Lot Size:
20,578 sqft / 0.47 acres (approx)

Schools

Interior

Exterior

Community Features
Public Transportation, Shopping, Highway Access, House of Worship, Private School, T- Station, University

Financial

Tax Year
2024
Taxes
$9,999

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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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590 Boston Ave
Medford, MA