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453 Somerville Ave

Somerville, MA 02143
$1,750,000
7,813 Living Area
  • Property Description
    Prime Development Opportunity! Lot for Sale: Just Under 5,000 Sq Ft. Attention Developers! This exceptional lot offers a rare chance to create a dynamic mixed-use development in a highly sought-after location. Zoned for commercial use and already approved for 3 residential units and 1 commercial unit, this property presents a myriad of possibilities. Zoned for commercial use with residential unit approval. Direct elevator access for convenience and accessibility. Spacious 2194-2565 Sq Ft units designed for modern living. Ideal location within walking distance to Union Square. Abundance of nearby amenities including restaurants, bars, and shopping. Across from Greentown Labs, Extra Space Storage, and Market Basket. Easy access to Conway Field and hockey rink for recreational activities. Harvard, MIT and Tufts University all nearby. Don't miss out on this incredible opportunity to create a vibrant and profitable development in one of the most desirable areas.
  • Highlights
    • Parking Spots: 8
    • Year Built: 1930
    • Property Class: Commercial Sale
    • Status: Active
  • Additional Details
    • Zoning: Ba
    • Zoning Description: Legal Conforming
  • Fees / Taxes
    • Buyer Agent Compensation: 2.5%%
    • Tax Year: 2024
    • Facilitator Compensation: 2.5%%
    • Taxes: $11,087

Location

453 Somerville Ave, Somerville, MA 02143

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