Address
125 Highland Ave, Somerville, MA
Price
$ 4,800,000
Property Attributes
- MLS#72751064
- TypePending
- CountyMIDDLESEX
- CitySomerville
- AreaSpring Hill
- Zip02143
- StyleCommercial
- Year Built1917
- Taxes$ 23091
- Price$ 4,800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage17960
- Lot Size0.41 Acres
Data Source:
MLSPIN Pending - For Use With DASHCMA Only
Property Description
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.
| Price History | |
|---|---|
| 1/11/2021 | Listed $4,800,000 |
General Features
| Building Area Units | Square Feet |
|---|---|
| Business Type | Commercial |
| City | Somerville |
| Contingency | Pending P&S |
| County | Middlesex |
| Directions | google maps |
| Disclosures | Sellers make no disclosures. Property is delivered as is. |
| Home Warranty Y/N | No |
| Lot Size Square Feet | 18045 |
| MLS Area | Spring Hill |
| Property Type | Commercial Sale |
| Senior Community Y/N | No |
| Standard Status | Pending |
| Status | Under Agreement |
| Street Name | Highland Ave |
| Tax Annual Amount | 23091.97 |
| Tax Year | 2020 |
| Utilities | Public Water, Public Sewer |
| Waterfront Y/N | No |
| Year Built | 1917 |
| Zoning | RC |
| Zoning Description | Other (See Remarks) |
Exterior Features
| Living Area | 17960 |
|---|---|
| Building Area Total | 17960 |
| Lot Size Acres | 0.41 |
| Lot Size Area | 0.41 |
| Lot Size Units | Acres |
| Total Parking | 10 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 02143
Price
Taxes
Visits
Year Built
Walkscore
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