147 Highland Ave - Retail FOR SALE


Somerville, MA 02143
$2,500,000 USD
617-634-2255
147 Highland Ave, Somerville, MA for Sale
$2,500,000 USD
Retail - FOR SALE
1/9
null | Request Cap Rate

147 Highland Ave
Somerville, MA 02143


HIGHLIGHTS

  • On corner lot, between Central Street and Highland Ave.
  • Near Learning Circle Preschool.

OVERVIEW

Somerville opportunity for residential/commercial development or investment. Zoned as MR4 and is not considered historical. The property is currently being used as 4 storefronts. 2 storefronts are vacant, and the other 2 are rented. 14 parking spots are located on the backside of the building with direct access to Highland Ave. The property is in close proximity to the new Green Line T stops and Somerville High School.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$450 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,104 SF

ZONING

MR4

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Joe FlanaganColdwell Banker Commercial NRTMore Info
617-634-2255

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Joe FlanaganColdwell Banker Commercial NRTMore Info
617-634-2255

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