Pending
125 Highland Ave
Somerville MA, 02143
$4,800,000
$267.26 per sqft
Pending
17,960 sqft
Commercial
Built in 1917
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.
72751064
MLSⓇ ID
October 30, 2020
Listed
March 25, 2024
Updated
Map
125 Highland Ave
Somerville MA, 02143
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.41 Acres
Other Property Details
Area Name
Spring Hill
Taxes
$23,092
Tax Frequency
Annually
Garage
No
Parking Total
10
View
No
County
Middlesex
Pool
No
Zoning
RC
Buyer Agency Compensation
2%
Courtesy of The Moving Greater Boston Team,
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Data last updated 6:56 PM UTC, 3/25/2024
