$624,900

A rare opportunity to acquire and potentially occupy a distinguished three-story mixed-use professional office and residential building prominently located on Medford’s Main Street. Currently owned by a financial management firm, this stately property offers an exceptional blend of professional functionality and historic character. This building has the option of being owner-occupied...with revenue to support any mortgage, or strictly investor status. It is currently a triplex. The building is richly appointed with stunning oak wood trim, solid oak doors, and a grand interior presence. Entry from Main Street is through a double-door entrance beneath an impressive wraparound covered porch, leading to a striking foyer highlighted by an elegant oak staircase. A secondary entrance from the on-site parking area provides direct access to the reception office, with a total of three separate entry points enhancing accessibility and flexibility. The first floor features five well-proportioned rooms, including a prominent 15’ x 13’ office with a triple bay window, decorative oak fireplace mantel, ceiling fan, private exterior access, and a 6’ x 7’ kitchenette. Additional spaces include an 8’ x 9’ file room, a spacious 19’ x 14’ office with triple bay windows overlooking Main Street, an 11’ x 13’ reception area, and a 13’ x 19’ conference room complete with base and wall cabinetry. The second floor is a 1-bedroom, 1-bathroom residential apartment. The current layout includes a 13’ x 17’ kitchen, a 13’ x 16’ room with triple bay windows and an adjoining bath, a 13’ x 13’ room with closet, and a 9’ x 9’ room with built-in shelving. The third floor is a 1-bedroom, 1-bathroom apartment, with an expansive 33’ x 13’ family room, 13’ x 17’ bedroom, and a 16’ x 7.5’ kitchen—ideal for owner occupancy, rental income, or live/work use. The second and third floor apartments share an 8' X 10' laundry room. A full basement with brick flooring, divided into two sections (30’ x 35’ and 21’ x 13’), is currently utilized as a wine cellar and offers additional storage or adaptive use potential. Situated within the Historic Village Commercial zoning district, the property supports a wide range of permitted uses. The location offers exceptional visibility and accessibility in the heart of town, just two blocks from Route 70 and within close proximity to Interstate 295. Nearby amenities include many dining establishments, breweries, bakeries, and shopping. Many local events happen along Main Street: Thursday night food trucks, Halloween Parade, and the Dickens Festival are just a few. The second and third floor apartments are currently occupied.