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    115 Willow Ave Somerville, MA 02144

    Sponsored
    For Sale
    $5,600,000

    Prime Somerville location, versatile 8,096 SF building.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional investment opportunity presents a substantial 8,096 square foot building situated at 115 Willow Avenue in Somerville, Massachusetts. Located just a short walk from Davis Square, this property offers unparalleled convenience and accessibility. Constructed in 1900, the building seamlessly blends historical charm with modern functionality, making it suitable for a diverse range of commercial uses. The property sits on a 0.19-acre lot and is zoned for Fabrication, opening doors to a multitude of possibilities. Potential uses include, but are not limited to, artisanal production, educational facilities, manufacturing operations, co-working spaces, food production, and even cannabis product growing and manufacturing. The ample square footage provides significant space for operations, allowing for customization and expansion to meet specific business needs. The building's strategic location, combined with its versatile zoning and substantial size, presents a compelling investment opportunity for discerning buyers seeking a well-positioned and adaptable commercial property in a thriving Somerville neighborhood. The asking price for this unique property is $5,600,000.

    Property Features for 115 Willow Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Charles Rose Architects ... Interior Designer 55 Gallon Drums ... Barrel Supplier

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon 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
    -71.11594
    Latitude
    42.39496

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Somerville location, versatile 8,096 SF building.
    Where is this commercial real estate located?
    The property is located at 115 Willow Ave Somerville, MA.
    What is the asking price?
    The asking price for this property is $5,600,000.
    (617) 674-2043
    Request Owner's contact information
    115 Willow Ave Somerville, MA 02144
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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
    115 Willow Ave Somerville, MA 02144
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