125 Highland Ave, Somerville, MA
$ 4,800,000
Property Attributes
  • MLS#72751064
  • TypePending
  • 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


  • 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

AVG $530K
AVG $9,029
Data Provided by Inside Real Estate®
Year Built
AVG 1937
AVG 94
Data Provided by Walkscore® not using MLS data

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