Commercial for Sale: 125 Highland Ave, Somerville, MA 02143

17,960 sqft
$2,999,999
$2,999,999
125 Highland Ave, Somerville, MA 02143
17,960 sqft
$2,999,999
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Price:
$2,999,999
$1,000,000 - 10/01/2024
Est. payment: Skip to Mortgage Calculator

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Type Commercial
Square Feet 17,960 sqft
Lot Size 0.41 acres
Year Built 1917
City Somerville
County Middlesex
MLS 72751064
Status Active
DOM 1515 days
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 Gilman Square Green line extension stop as well as several MBTA bus routes. The Green Line Extension project is completed and connects 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.

Lot & Building Features

Tax Year 2020
Taxes Paid $23,091

Price History of 125 Highland Ave

Date Name Price Difference
10/01/2024 Price Adjustment $2,999,999 25.00%
06/24/2024 Price Adjustment $3,999,999 16.67%
10/30/2020 Listing Price $4,800,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 125 Highland Ave, Somerville, MA

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Photo of Maureen Carey
Direct: 603-944-7834
Office
560 High Street
Hampton, NH 03842
603-929-1100
Listed by Berkshire Hathaway HomeServices Warren Residential, The Moving Greater Boston Team
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125 Highland Ave (MLS #72751064) is a commercial listing located in Somerville, MA. This commercial listing is 17,960 sqft and on a lot of 18,045 sqft (or 0.41 acres) and is 107 years old. This property was listed on 06/01/2022 and has been priced for sale at $2,999,999.

Nearby zip codes are 02138, 02144, 02145, 02155 and 02180. This property neighbors other cities such as Cambridge, Medford and Stoneham.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: Berkshire Hathaway HomeServices Warren Residential

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.