Pending

Under Agreement

125 Highland Ave

Somerville MA, 02143

$4,800,000


$267.26 per sqft

Pending

Under Agreement

17,960 sqft

Commercial

Built in 1917

An exceptional opportunity to acquire 125 Highland Ave, which is a rare redevelopment opportunity in Somerville, Ma. This 17,960 sq ft building sits on a 18045 sq ft lot which is approx. 170 ft by 106 ft. It's location is 3 miles from Boston proper & conveniently within blocks (.4mi) of the future Gilman Square Green line extension stop as well as several MBTA bus routes. The Green Line Extension project is expected to be completed in early 2020 and will further connect Somerville to all of Boston. In addition to the ease of access to Boston, the property is less than a mile from Union Square which is currently undergoing one of the largest redevelopment projects in Greater Boston and includes 2.4mil sq ft of new transit oriented development. With several million square feet new mixed use developments w/in 2 miles of this address, the need to revitalize this parcel has come. Residential, Commercial, & Institutional uses can all benefit from this address. More info avail upon request.

72751064

MLS ID

October 30, 2020

Listed

May 9, 2024

Updated

Map

125 Highland Ave
Somerville MA, 02143

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.41 Acres

Other Property Details

Area Name

Spring Hill


Taxes

$23,092


Tax Frequency

Annually


Garage

No


Parking Total

10


View

No


County

Middlesex


Pool

No


Zoning

RC


Buyer Agency Compensation

2%

 

Courtesy of The Moving Greater Boston Team,

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Data last updated 3:24 AM UTC, 5/9/2024

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