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    125 Highland Ave

    Somerville, MA 02143
    • $4,800,000
    • STATUS: Active
    • MLS #: 72751064
    $4,800,000
    • 0
      BEDS
    • 0.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 17,960
      SQFT
    • $267
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1917
    County:
    Area:

    School Ratings & Info

    Listing courtesy of The Moving Greater Boston Team of Berkshire Hathaway Homeservices Warren Residential.

    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.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-11-24T00:05:57.58.
    www.dotcollectionma.com/homes/111499374
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    125 Highland Ave Somerville, MA 02143

    • Price: $4,800,000
    • Status: Active
    • MLS #: 72751064
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.41
    Acres
    17,960
    SQFT
    $267
    $/SQFT
    1917
    Built
    Neighborhood:
    Spring Hill
    County:
    Middlesex
    Area:
    Spring Hill
    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.
    Exterior Features

    Location UrbanHistoricHighway AccessNeighborhood Parking Features 1-10 SpacesOn Site Parking Spaces 10 Stories 3

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 0.00 Rsf Building Sq Ft 0.00 Total Building Sq Ft 17960.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 1540800.00 Assessed Value Land 747800.00 Assessed Value Total 2288600.00 Commercial Industrial Type Commercial Disclosure Yes Disclosures Sellers Make No Disclosures. Property is Delivered As is. Exchange No Lease No Lender Owned No Mau Units 0 Ofu Units 0 On File21 E No Reu Units 0 Rsu Units 0 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2020 Taxes 23091.97 Utilities Public WaterPublic Sewer Wau Units 0 Year Built Source Pr Zone Description Other (See Remarks) Zoning Rc

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of The Moving Greater Boston Team of Berkshire Hathaway Homeservices Warren Residential.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-11-24T00:05:57.58.
     
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    Dot Collection at Access
    12 Ericsson Street Suite 305
    Dorchester MA, 02122
    Listing courtesy of The Moving Greater Boston Team of Berkshire Hathaway Homeservices Warren Residential.