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.
MLS# | 73341975 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1917 |
Days On Site | 49 |
Listing Provided By | Berkshire Hathaway HomeServices Warren Residential | The Moving Greater Boston Team |
SQ Feet | 17,960 |
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Zoning | RC |
Acreage | 0.41 |
State | MA |
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County | Middlesex |
City | Somerville |
Zip Code | 02143 |
Area | Spring Hill |
Listing VS Median (In 02143) | |
Price: $2,500,000 low | high Med: $10,000 SqFt: 17,960 low | high Med: 7,000 $ / SqFt: $139 low | high Med: $1 On site: 49 low | high Med: 197.000000 |