125 Highland Ave - Churches FOR SALE


Somerville, MA 02143- Spring Hill
$2,500,000 USD
617-848-9616
125 Highland Ave, Somerville, MA for Sale
$2,500,000 USD
Churches - FOR SALE
1/24
null | Request Cap Rate

125 Highland Ave
Somerville, MA 02143
Spring Hill


HIGHLIGHTS

  • 125 Highland Avenue is minutes from the Green Line MBTA Train Station
  • This property offers the opportunity to expand in the rear of building.
  • There are multiple congregation areas and a dining facility.
  • Ideally located next to The Friend Smithsonian Museum.

OVERVIEW

This is a rare opportunity to purchase a Historic Church with expansion possibilities in Somerville, Massachusetts. This property was formerly known as the First Universalist Church and is currently home to King Solomon’s Lodge A.F. & A.M. It is three miles from Boston Proper and conveniently within blocks (0.4 mi) of the Gilman Square Green line extension stop as well as several MBTA bus routes. In addition to being easily accessible to Boston, the property is less than a mile from Union Square, one of the most significant redevelopment projects in Greater Boston. It includes 2.4 million square feet of new transit-oriented development. With several million square feet of new mixed-use developments within two miles of this address, the need to revitalize this parcel has come. This address can benefit residential, commercial, and institutional uses.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

18,047 SF

ZONING

UR

APN/PARCEL ID

SOME-000050-F000000-000031

ASK ABOUT THIS PROPERTY

Joshua StephensBerkshire Hathaway HomeServices Warren ResidentialMore Info
617-848-9616

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Joshua StephensBerkshire Hathaway HomeServices Warren ResidentialMore Info
617-848-9616

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