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    595 Somerville Ave Somerville, MA 02143

    For Sale
    $400,000

    Prime Somerville location, low fees, multiple uses.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional commercial condominium in Somerville, Massachusetts presents a unique investment opportunity. Located at 595 Somerville Ave A, this property offers excellent street-level visibility thanks to large storefront windows. Priced at $400,000, this versatile space boasts a flexible zoning designation (MR3) allowing for a wide range of commercial uses. Previously operated as a salon, the property is available as a turnkey operation, ideal for a stylist or barber seeking an established space. Alternatively, the zoning permits uses such as fitness services, pet grooming, personal services, coffee shops, or recording studios, among others. The condo includes the added convenience of three designated guest parking spaces on-site. This is a rare chance to acquire a well-located commercial property in a thriving Somerville neighborhood with low fees and significant potential for various businesses. The property's adaptable nature and prime location make it an attractive investment for entrepreneurs and business owners alike. Contact us today to schedule a viewing and explore the possibilities. The property is offered as-is. Square footage and lot size are not currently available.

    Property Features for 595 Somerville Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    2014
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Richard Caron Hair ... Beauty Salon Back Bay Hair ... Beauty Salon

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.10917
    Latitude
    42.3841

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Somerville location, low fees, multiple uses.
    Where is this commercial real estate located?
    The property is located at 595 Somerville Ave Somerville, MA.
    What is the asking price?
    The asking price for this property is $400,000.
    (617) 848-9616
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    595 Somerville Ave Somerville, MA 02143
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    595 Somerville Ave Somerville, MA 02143
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