163-171 Washington St - Freestanding FOR SALE


Somerville, MA 02143- Prospect Hill Somerville
$2,900,000 USD
617-489-6900
163-171 Washington St, Somerville, MA for Sale
$2,900,000 USD
Freestanding - FOR SALE
1/31
null | Request Cap Rate

163-171 Washington St
Somerville, MA 02143
Prospect Hill Somerville


OVERVIEW

Offered for sale, 163-179 Washington St in Somerville presents a fully occupied, multi-tenant retail asset with four street-level storefronts in a high-visibility corner position along well traveled Washington Street. The building totals 10,848 SF (gross area) on a 7,683 SF lot, with strong urban fundamentals. Located in the Union Square area, the property is approximately 0.4 mi to Union Square Station (Green Line) and 0.6 mi to Twin City Plaza, with Assembly Square about 1.8 mi. The site is within the City’s MR5 zoning district, supporting long-term optionality for investors evaluating future repositioning or redevelopment, subject to buyer due diligence and required approvals. A rare chance to secure stabilized storefront occupancy and prominent corridor presence in Somerville

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$494 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,684 SF

ZONING

MR5

APN/PARCEL ID

SOME M:93 B:F L:9

ASK ABOUT THIS PROPERTY

Owen TolandBerkshire Hathaway HomeServices CommonwealthMore Info
617-489-6900

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Owen TolandBerkshire Hathaway HomeServices CommonwealthMore Info
617-489-6900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.