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You are here:
Home Massachusetts Somerville Commercial Properties for Sale

125 Highland Ave Somerville, MA 02143

1347 Days on Boston Pads
Price Reduced $800,001
24 Photos
$3,999,999
Type: Commercial
Lease Type N/A
17960 Bldg. SQFT
Restrooms: N/A
Parking: 10
125 Highland Ave
Somerville, MA 02143

Property Description

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.

Property Overview

Property Details click or tap to expand

Property Information

  • Location: Highway Access, Historic, Neighborhood, Urban
  • Type: Commercial
  • Space Available: For Sale
  • Number of Buildings: 1
  • On File 21e: No
  • Location: Other (See Remarks)
  • Parking Spaces: 10
  • Parking Feature: 1-10 Spaces, Off-Street, On Site, Permeable Pavement
  • MLS ID#: 72751064

Financial

  • Building Assessed Value: 1540800
  • Land Assessed Value: 747800
  • Total Assessed Value: 2288600
  • Exchange: No
  • Lease: No
  • Sublet: No

Building Information

  • Stories: 3
  • Total SQFT: 17960

Construction & Utilities

  • Utilities: Public Sewer, Public Water

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
06/28/2024Active$3,999,999$223MLSPIN
06/24/2024Price Change$3,999,999$223MLSPIN
01/10/2021Under Agreement$4,800,000$267MLSPIN
12/28/2020Contingent$4,800,000$267MLSPIN
10/30/2020Active$4,800,000$267MLSPIN

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View Breakdown

Seller's Representative: The Moving Greater Boston Team, Berkshire Hathaway HomeServices Warren Residential
Sub Agent Compensation: n/a
Buyer Agent Compensation: 1
Facilitator Compensation: 0
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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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.

MLS PIN data last updated at 2024-06-28 03:05:00

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