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 Gilman Square Green line extension stop as well as several MBTA bus routes. The Green Line Extension project is completed and connects 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.
Property Details
Price:
$2,999,999
MLS #:
72751064
Status:
Active
Beds:
0
Baths:
0
Address:
125 Highland Ave
Type:
Commercial
Neighborhood:
Spring Hill
City:
Somerville
Listed Date:
Oct 30, 2020
State:
MA
Finished Sq Ft:
17,960
Total Sq Ft:
17,960
ZIP:
02143
Lot Size:
18,045 sqft / 0.41 acres (approx)
Year Built:
1917
Schools
Interior
Exterior
Parking Spots
10
Financial
Tax Year
2020
Taxes
$23,092
Map
Community
- Address125 Highland Ave Somerville MA
- CitySomerville
- CountyMiddlesex
- Zip Code02143
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Courtesy of Maxwell Associates. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
125 Highland Ave
Somerville, MA
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