17 Kensington Ave - Commercial LAND FOR SALE


Somerville, MA 02145- East Somerville435,861,360 SF
$2,300,000 USD
617-290-7428
17 Kensington Ave, Somerville, MA for Sale
$2,300,000 USD
Commercial LAND - FOR SALE
1/20
435,861,360 SF

17 Kensington Ave
Somerville, MA 02145
East Somerville


HIGHLIGHTS

  • By-Right Development Opportunity
  • Prime Somerville Location
  • 1/2 Mile to the Orange Line T

OVERVIEW

Introducing 17 Kensington Avenue in Somerville- your opportunity to raze an existing single story commercial building and construct a new 4 story, 19-unit building in its place. The new building can be built for sale or for rent and the project is designed with 4-5 units per floor and a gross building area of 25,293 sq/ft. The unit mix includes (15) 2 bedroom/2 bath residences and (4) 1 bed/1 bath residences. Four units are to be designated affordable. Most residences have private outdoor space + the plans also call for a common roof deck! The lot is 10,006 sq/ft and is a rectangle with its long side fronting on Kensington Avenue. The property is located on a sleepy side street off of Broadway in a rapidly developing neighborhood w/easy access to shopping + restaurants and is only a half mile from the Assembly Square Orange Line T. The property is offered w/the land, existing building + a full set of architect drawings ready to submit. Make this your next project!

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/ACRE

$230/AC

PRICE/SF

$0.0053 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

10006 AC

LAND SF

435,861,360 SF

OFFSITE IMPROVEMENTS

-

ZONING

UR

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Scott JohnsonWilliam Raveis Real Estate, The Residential GroupMore Info
617-290-7428

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Scott JohnsonWilliam Raveis Real Estate, The Residential GroupMore Info
617-290-7428

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