55 Elm St - Storefront Retail/Residential FOR SALE


Somerville, MA 02144- Spring Hill
$3,500,000 USD
617-576-3800
55 Elm St, Somerville, MA for Sale
$3,500,000 USD
Storefront Retail/Residential - FOR SALE
1/5
null | Request Cap Rate

55 Elm St
Somerville, MA 02144
Spring Hill


HIGHLIGHTS

  • Rare mixed-use investment and redevelopment opportunity in the heart of Porter Square
  • Highly visible property with strong pedestrian and vehicle traffic
  • Three residential units (two 1-bedroom units and one 2-bedroom unit)
  • Significant value-add and redevelopment potential for investors and developers

OVERVIEW

Rare mixed-use investment and redevelopment opportunity located at a highly visible corner directly across from Porter Square Shopping Center and the MBTA Red Line station. The property is the former home of the well-known Big Fish Little Fish retail store and has long-standing recognition within the local market.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$515 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,042 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

David LilleyRE/MAX Real Estate CenterMore Info
617-576-3800

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David LilleyRE/MAX Real Estate CenterMore Info
617-576-3800

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