Rare mixed-use opportunity at one of Somerville’s most recognizable corners, across from the Porter Square Shopping Center and T Stop. Formerly home to the beloved and iconic Big Fish Little Fish store, this highly visible location has been a destination for generations of local residents. The property consists of a 6,290 SF mixed-use building featuring two commercial storefronts, a three-unit multifamily residence (two 1-bedroom units and one 2-bedroom unit), a driveway and yard. The commercial spaces include back rooms and basement storage, with the potential to combine both storefronts into a single larger space. The property offers exceptional redevelopment and investment potential. Ideal for condominiums, multifamily housing, and mixed-use development. Being delivered vacant, this transit-oriented site (also sees lots of foot traffic) provides unmatched accessibility to Cambridge, Boston, and surrounding communities.
Property Details
Price:
$3,400,000
MLS #:
73536182
Status:
Active
Beds:
4
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Listed Date:
Jun 15, 2026
Finished Sq Ft:
2,426
Total Sq Ft:
2,426
Lot Size:
4,043 sqft / 0.09 acres (approx)
Year Built:
1900
Units:
3
See this Listing
Schools
Interior
Above Grade Finished Area
2426
Bathrooms
3 Full Bathrooms
Flooring
Vinyl, Hardwood
Levels
3
Exterior
Community Features
Public Transportation, Shopping, Highway Access, House of Worship, Public School, T-Station, University
Construction Materials
Frame
Lot Features
Corner Lot
Open Parking Spaces
2
Parking Features
Off Street
Parking Spots
2
Parking Total
2
Roof
Shingle, Rubber
Stories
3
Financial
Tax Year
2025
Taxes
$16,881
Map
Community
- Address55 Elm St Somerville MA
- CitySomerville
- CountyMiddlesex
- Zip Code02144
Subdivisions in Somerville
Market Summary
Current real estate data for Multi Family in Somerville as of Aug 22, 2026
95
Multi Family Listed
138
Avg DOM
492
Avg $ / SqFt
$1,887,663
Avg List Price
Property Summary
- 55 Elm St Somerville MA is a Multi Family for sale in Somerville, MA, 02144. It is listed for $3,400,000 To schedule a showing of MLS#73536182 at 55 Elm St in Somerville, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
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Courtesy of RE/MAX Destiny. 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.
55 Elm St
Somerville, MA