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125 Highland Ave, Somerville, MA 02143

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Listing Type
commercial/industrial
Listing Status
pending
Explore Somerville, MA
8
Overview
Features
Commute
Transportation
Market Statistics
Neighborhood
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$4,800,000

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Home Details for 125 Highland Ave

Price
$4,800,000
Type
commercial/industrial
Year Build
1917
Sq. Ft.
17960
Lot Size
0.41
County
Middlesex
Tax
$23,091.97
MLS Listing#
72751064
On exitrealty.com
649 days

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 future Gilman Square Green line extension stop as well as several MBTA bus routes. The Green Line Extension project is expected to be completed in early 2020 and will further connect 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 Features

EXIT REALTY BEATRICE ASSOCIATES
1711 Broadway 1st Floor, Saugus, MA 01906
$4,800,000

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EXIT REALTY BEATRICE ASSOCIATES
1711 Broadway 1st Floor, Saugus, MA 01906