$3,900,000 ($1,607.58 per sqft)

Est. Mortgage $18,706/mo *

Quick Pre-Approval

55 Elm St, Somerville, MA, 02144

55 Elm St, Somerville, MA, 02144

11 rooms

4 beds

3 Full baths

1900

2,426 sqft

Rare mixed-use opportunity at one of Somerville’s most recognizable corners, across from the Porter Square Shopping Center and T Stop. Formerly home to the beloved and iconic Big Fish Little Fish store, this highly visible location has been a destination for generations of local residents. The property consists of a 6,290 SF mixed-use building featuring two commercial storefronts, a three-unit multifamily residence (two 1-bedroom units and one 2-bedroom unit), a driveway and yard. The commercial spaces include back rooms and basement storage, with the potential to combine both storefronts into a single larger space. The property offers exceptional redevelopment and investment potential. Ideal for condominiums, multifamily housing, and mixed-use development. Being delivered vacant, this transit-oriented site (also sees lots of foot traffic) provides unmatched accessibility to Cambridge, Boston, and surrounding communities.


Status:

Active

Type:

Multi-family

Units:

3

Zoning:

NR

Basement:

Full, Unfinished

Levels:

3

Parking:

2-car, Off Street

Acreage:

0.09

Est. Taxes:

$16,881

Assessment

$1,547,300

Construction

Frame

Utilities

for Gas Range

Lot Description:

Corner Lot

Amenities:

Public Transportation, Shopping, Highway Access, House of Worship, Public School, T-Station, University

MLS #:

73536182


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of David Lilley, RE/MAX Real Estate Center 617-576-3800