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$ 1,800,000
$ 2,500,000 28.0%
Est. payment /mo
Sold on 08/01/2025
125 Highland Ave Somerville, MA 02143
17,960 SqFt
UPDATED:
Key Details
Sold Price $1,800,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 17,960 sqft
Price per Sqft $100
MLS Listing ID 73341975
Year Built 1917
Annual Tax Amount $23,091
Tax Year 2020
Lot Size 0.410 Acres
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.
Location
State MA
County Middlesex
Area Spring Hill
Zoning RC
Exterior
Utilities Available Public Water, Public Sewer
Listed by Berkshire Hathaway HomeServices Warren Residential
Bought with The Moving Greater Boston Team • Berkshire Hathaway HomeServices Warren Residential
Bought with The Moving Greater Boston Team • Berkshire Hathaway HomeServices Warren Residential
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