Address
199 Elm Street, Somerville, MA
Price
$ 1,900,000
Property Attributes
  • MLS#73208497
  • TypeCommercial
  • CountyMIDDLESEX
  • CitySomerville
  • AreaDavis Square
  • Zip02144
  • StyleLand
  • Year Built1920
  • Taxes$ 18144
  • Price$ 1,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,485 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Rare potential development opportunity ideally located in bustling Davis Square Somerville. This 3,601 sq/ft piece of land is zoned MR4 and is currently improved by a two-story structure totaling 1,491 sq/ft plus an additional 852 sq/ft in the unfinished basement. The property is currently used as the offices and parking for a publishing company. The property is located just a .3 mile walk to the Davis Square T Station (Red Line) and a .4 mile walk to the Porter Square T Station (Red Line and Commuter Rail). A 21E was conducted by the current owner in 1997. See all documents attached to MLS for further information. Seller and seller's agent make no representations as to the potential development of the site. Buyer and/or buyer's agent to conduct their own due diligence.

Price History
3/5/2024 Listed $1,900,000

General Features

Utilities Public Water,Public Sewer,Natural Gas Available
Zoning MR4
Year Built 1920
Tax Year 2024
Business Type Land
County Middlesex
Property Type Commercial Sale
HOA / Comm Assn No
Status Active
Directions Elm Street between Russell Street and Windom Street
City Somerville
Disclosures Seller and seller's agent make no representations as to the potential development of the site. Buyer and/or buyer's agent to conduct their own due diligence.
Senior Community Y/N No
Zoning Description Other (See Remarks)
MLS Area Davis Square
Lot Size Square Feet 3601
Waterfront Y/N No
Street Name Elm Street
Tax Annual Amount 18144
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active

Exterior Features

Total Parking 5
Lot Size Area 0.08
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 02144

Price
AVG $280K
$1.9M
Taxes
AVG $43,031
$18,144
Visits
AVG 231
145
Data Provided by Inside Real Estate®
Year Built
AVG 1962
1920

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