For Sale
$2,999,999

125 Highland Ave Somerville, MA 02143

Prime Somerville location, huge potential.

Overview

Added:
Feb 3
Days on market:
74
This exceptional redevelopment opportunity presents a unique chance to acquire 125 Highland Ave in Somerville, MA. The property boasts a substantial 17,960 square foot building situated on a sizable 0.41-acre lot (approximately 170 feet by 106 feet). Its strategic location offers unparalleled access to Boston, being just three miles from the city center. Furthermore, the property benefits from its proximity to public transportation, located within 0.4 miles of the completed Gilman Square Green Line extension stop and several MBTA bus routes. This provides convenient access to the entire Boston area. The property's value is further enhanced by its location less than a mile from Union Square, currently undergoing a major redevelopment project encompassing 2.4 million square feet of new transit-oriented development. With several million square feet of new mixed-use developments within a two-mile radius, the demand for revitalization in this area is high. This property is ideally suited for a variety of uses, including residential, commercial, and institutional developments. The significant size of the lot and building, combined with its prime location and excellent transportation links, make this a truly exceptional investment opportunity. Further details are available upon request.

Property Details for 125 Highland Ave

Property type
Commercial real estate
Year Built
1917
Lot Size (sq. ft)
17,860 SF

Location Insight

City
Somerville
County
Middlesex
State
Massachusetts
Latitude
42.38788
Longitude
-71.10081
125 Highland Ave, Somerville, Massachusetts

FAQs

What type of property is this?
Commercial real estate - Prime Somerville location, huge potential.
Where is the commercial real estate located?
The property is located at 125 Highland Ave Somerville, MA.
What is the asking price?
The asking price for this property is $2,999,999.
How can I contact the broker?
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125 Highland Ave
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