Somerville MA Real Estate & Commercial for Sale

1 Properties Found

The median home value in Somerville, MA is $563,600. This is higher than the county median home value of $454,300. The national median home value is $185,800. The average price of homes sold in Somerville, MA is $563,600. Approximately 32.97% of Somerville homes are owned, compared to 63.22% rented, while 3.81% are vacant. Somerville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Somerville real estate agent to arrange a tour today!
Learn more about Somerville Real Estate.

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General Commercial
Lot size:
0.07 Acres
Courtesy: Bremis, James J. Inc.
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WALK TO THE SULLIVAN SQ ORANGE LINE STATION AND ASSEMBLY ROW...Exceptional investment opportunity with up to 12 individual offices... You can own a great investment property with a tremendous upside and development potential! FUTURE CONDO CONVERSION POSSIBILITIES which could include a potential mix use development with retail and residential. FAR (Floor to Area Ratio) of up to 3. Current use is two retail spots in the front and additional private individually rented offices. Fully rented Total Gross Monthly is $7,155 with a Gross Annual Rent of $157,440. Favorably Zoned as TOD or for Transit Oriented Development ... possibly buildable up to 5 stories and potential federal monies available for improvements.

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