Somerville, MA 02143,125 Highland Ave
Somerville, MA 02143,125 Highland Ave
Somerville, MA 02143,125 Highland Ave
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$4,800,000
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17,960 SqFt
Under Contract

125 Highland Ave Somerville, MA 02143

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Key Details

Property Type Commercial/Industrial

Sub Type Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 17,960 sqft

Price per Sqft $267

MLS Listing ID 72751064

Year Built 1917

Annual Tax Amount $23,091

Tax Year 2020

Lot Size 0.414 Acres

Property Sub-Type Commercial

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.

Location

State MA

County Middlesex

Area Spring Hill

Zoning RC

Exterior

Parking Features 1-10 Spaces, On Site

Utilities Available Public Water, Public Sewer

Total Parking Spaces 10

Building

Story 3


Massachusetts MLS Property Info Network (MLSPIN)
Listed by Berkshire Hathaway HomeServices Warren Residential

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125 Highland Ave