Price Reduced 25.00%

$2,999,999

Est. Mortgage $14,973/mo *

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125 Highland Ave, Somerville, (Spring Hill), MA, 02143

125 Highland Ave, Somerville, (Spring Hill), MA, 02143
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1917

17,960 sqft

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.

Status:

Active

Town:

Somerville

Type:

Commercial

Zoning:

RC

Parking:

10-car

Acreage:

0.41

Est. Taxes:

$23,092

Utilities

Public Water, Public Sewer

MLS #:

72751064

Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of The Moving Greater Boston Team, Berkshire Hathaway HomeServices Warren Residential