55 Elm St
$3,900,000
0.09
Acres
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$3,900,000
0.09
Acres
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Property Description
Your chance to be the Big Fish! Rare mixed-use opportunity at one of Somerville’s most recognizable corners, across from the Porter Square Shopping Center and T Stop. Formerly home to the beloved and iconic Big Fish Little Fish store, this highly visible location has been a destination for generations of local residents. The property consists of a 6,290 SF mixed-use building featuring two commercial storefronts, a three-unit multifamily residence (two 1-bedroom units and one 2-bedroom unit), a driveway and yard. The commercial spaces include back rooms and basement storage, with the potential to combine both storefronts into a single larger space. The property offers exceptional redevelopment and investment potential. Ideal for condominiums, multifamily housing, and mixed-use development. Being delivered vacant, this transit-oriented site (also sees lots of foot traffic) provides unmatched accessibility to Cambridge, Boston, and surrounding communities.
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Highlights
- Property Class: Commercial Sale
- Status: Active
- Year Built: 1900
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Additional Details
- Roof: Shingle, Rubber
- Zoning Description: Legal Conforming
- Zoning: Nr
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Fees / Taxes
- Tax Year: 2025
- Taxes: $16,881
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