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Porter Square Development Site Opportunity
For Sale
$3,450,000
Pending

32-40 White Street, Somerville, MA 02144

8,315 SF MR4-zoned development site near Porter Square MBTA.

Property SizeContact for details
Lot Size0.19 Acres
Days on Market568

Property Features for 32-40 White Street

General Information

Standard status Pending
Lot size 0.19 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $27,796

Amenities

Level
Listing Agency: Fortune RE
Listed By: Julian Lewis
Source: Corcoran
Added: Jan 29, 2025 Changed: Aug 8 Last Checked: Jul 23 at 9:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortune RE

Investment Insights

Based on property information with market context.

An opportunity to acquire a MR4-zoned development site located in the heart of Porter Square. The site comprises two adjacent parcels within Somerville’s ¼ transit zone, situated next to the Porter Square Galleria Mall and just 400 feet from the Porter Square MBTA Station. The site includes a single-story commercial building and a single-family home. The site offers 8,315 square feet of space.

Key Highlights

  • Prime transit‑oriented location in the heart of Porter Square.
  • MR4‑zoned 8,315 square foot development site.
  • Located within Somerville’s ¼ transit zone.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Nail Salon Parking Lot & Garage Food Market Accounting Firm Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,127
Businesses Nearby

Demographics for 02144, MA

25,497
Population
11,881
Households
2.1
Avg Household Size
31
Median Age
75%
College-Educated
96%
High-School Grad
1.1 sq mi
ZIP Area
23,179
Density / Sq Mi
$140,591
Median Household Income
$74,639
Median Earnings
$2,654
Median Rent
$987,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 8,315 SF MR4-zoned development site near Porter Square MBTA.
Where is this commercial land located?
The property is located at 32-40 White Street Somerville, MA.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: Prime transit‑oriented location in the heart of Porter Square.; MR4‑zoned 8,315 square foot development site.; Located within Somerville’s ¼ transit zone.
More about this property
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