$3,900,000
Active55 Elm St
Somerville, MA, 02144
Commercial · MLS #73527146
Days on market
13 days
Lot size
0.09 ac
0.09 acres
Lot
About this home
Your chance to be the Big Fish! Rare mixed-use opportunity at one of Somervilles most recognizable corners, across from the Porter Square Shopping Center and T Stop. Formerly home to the beloved and iconic Big Fish Little Fish store, this highly visible location has been a destination for generations of local residents. The property consists of a 6,290 SF mixed-use building featuring two commercial storefronts, a three-unit multifamily residence (two 1-bedroom units and one 2-bedroom unit), a driveway and yard. The commercial spaces include back rooms and basement storage, with the potential to combine both storefronts into a single larger space. The property offers exceptional redevelopment and investment potential. Ideal for condominiums, multifamily housing, and mixed-use development. Being delivered vacant, this transit-oriented site (also sees lots of foot traffic) provides unmatched accessibility to Cambridge, Boston, and surrounding communities.
Location
55 Elm St, Somerville, MA, 02144
Listed by David Lilley · RE/MAX Real Estate Center
Schedule a showing
55 Elm St
Estimated payment
$25,246 / month
Loan term
- Principal & interest
- $19,721
- Property tax
- $3,900
- Home insurance
- $1,625
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).