Rare potential development opportunity ideally located in bustling Davis Square Somerville. This 3,601 sq/ft piece of land is zoned MR4 and is currently improved by a two-story structure totaling 1,491 sq/ft plus an additional 852 sq/ft in the unfinished basement. The property is currently used as the offices and parking for a publishing company. The property is located just a .3 mile walk to the Davis Square T Station (Red Line) and a .4 mile walk to the Porter Square T Station (Red Line and Commuter Rail). A 21E was conducted by the current owner in 1997. See all documents attached to MLS for further information. Seller and seller’s agent make no representations as to the potential development of the site. Buyer and/or buyer’s agent to conduct their own due diligence.
Property Details
Price:
$1,900,000
MLS #:
73208496
Status:
Pending
Beds:
0
Baths:
0
Type:
Land
Subtype:
Residential
Neighborhood:
Davis Square
Listed Date:
Mar 5, 2024
Lot Size:
3,601 sqft / 0.08 acres (approx)
See this Listing
Schools
Interior
Exterior
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/ Jog Trails, Bike Path, Highway Access, T- Station, University
Financial
Tax Year
2024
Taxes
$18,144
Map
Community
- Address199 Elm Street Somerville MA
- CitySomerville
- CountyMiddlesex
- Zip Code02144
Subdivisions in Somerville
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Market Summary
Current real estate data for Land in Somerville as of Aug 22, 2025
5
Land Listed
196
Avg DOM
$2,697,000
Avg List Price
Property Summary
- 199 Elm Street Somerville MA is a Land for sale in Somerville, MA, 02144. It is listed for $1,900,000 and features 0 acres. To schedule a showing of MLS#73208496 at 199 Elm Street in Somerville, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
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Courtesy of Gibson Sotheby’s International Realty. 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.
199 Elm Street
Somerville, MA
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