$740,000
1,927
Living Area
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Property Description
NEW PRICE!! Inside the former American Tube Works founded in the late 19th century, a three-story, mixed-use brick building, sits a finished office/retail/commercial space, newly renovated in 2019. This 1927 SF loft-style condo with its central, double-height studio space can be re-imagined as base for a start-up venture, an art gallery, or studio. Current building tenants include a yoga studio, woodworking shop, and jeweler, plus an architectural office. The condo retains its original character with brick walks, integrated with modern updates, such as new oak flooring, reception area and loft office. Deeded tandem parking is conveniently located behind the building with direct access via exterior stairs. With proximity to I-93, Route 28, MBTA bus and subway transit, including the Green Line Extension, which uniquely incorporates greenways with MBTA transit, the location offers an attractive live-work-play investment opportunity in a vibrant, expanding area of Somerville.
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Highlights
- Area: Spring Hill
- Property Class: Commercial Sale
- Year Built: 1913
- Parking Spots: 2
- Unit Number: 3a
- Status: Closed
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Additional Details
- Roof: Rubber
- Zoning Description: Other (See Remarks)
- Zoning: 4050
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Fees / Taxes
- Buyer Agent Compensation: 2.5%
- Tax Year: 2023
- Facilitator Compensation: 1.0%
- Taxes: $12,702
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