Address
25 Washington St, Somerville, MA
Price
$ 1,795,900
Property Attributes
  • MLS#73207693
  • TypeCommercial
  • CountyMIDDLESEX
  • CitySomerville
  • Zip02143
  • StyleCommercial
  • Year Built1983
  • Taxes$ 13215
  • Price$ 1,795,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4156
  • Lot Size3,485 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Great business owner occupant or redevelopment opportunity! 25 Washington Street in Somerville, just 1/2 mile in either direction to East Somerville Green line T stop and Sullivan Sq. Orange line T stop!!! Excellent proximity to Union Square and surrounding amenities. This 4,000+ SF commercial building makes up the corner of Pinckney St and Washington with an existing curb cut on Pinckney for its overhead garage door. Second floor has 4 private offices and an open concept office/reception and 3 half bathrooms. New roof in 2015, all new LED motion sensor shop lights install 4 years ago, and rooftop HVAC compressor 2-3 years old. Tenant would entertain a lease back which provides a good stream of income while buyer files for redevelopment. Zoned MR3 (mid rise 3) Additional zoning and architectural info available.

Price History
3/2/2024 Listed $1,795,900

General Features

Utilities Public Water,Public Sewer,Natural Gas Available
Zoning RC
Year Built 1983
Tax Year 2023
Gross Income 90000
Business Type Commercial
County Middlesex
Net Operating Income 79074
Operating Expense 10926
Property Type Commercial Sale
HOA / Comm Assn No
Status Active
Directions Directly across the street from the Holiday Inn Boston. Corner of Pinckney & Washington St. Use GPS.
City Somerville
Disclosures Seller is tenant. Would consider a 1-year lease back but not required. Building can be delivered vacant.
Senior Community Y/N No
Zoning Description Other (See Remarks)
Lot Size Square Feet 3422
Waterfront Y/N No
Street Name Washington St
Tax Annual Amount 13215
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active

Exterior Features

Total Parking 2
Lot Size Area 0.08
Building Area Total 4156
Lot Size Acres 0.08
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 02143

Price
AVG $1.09M
$1.8M
Taxes
AVG $10,110
$13,215
Visits
AVG 212
114
Data Provided by Inside Real Estate®
Year Built
AVG 1956
1983

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