Opportunity Zone Development
For Sale
Contact for pricing
273 Somerville Ave, Somerville, MA 02143
Four-parcel assemblage in an Opportunity Zone with CC5 zoning allowing up to five stories and retail or commercial uses.
Property SizeContact for details
Lot Size0.18 Acres
Days on Market135
Property Features for 273 Somerville Ave
General Information
Standard status
Active
Lot size
0.18 Acres
Property subtype
LAND
Zoning
CC5
Additional Details
Opportunity Zone
Yes
Listing Agency:
Boston Realty Advisors
(617) 416-1466
Listed By:
Kevin Benzinger · License #9526383
(617) 850-9647
Source:
Moodyscre
Added: Apr 8
Changed: Aug 8
Last Checked: Aug 20 at 10:51AM
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 Boston Realty Advisors
Investment Insights
Based on property information with market context.
Boston Realty Advisors presents a Qualified Opportunity Zone development site consisting of 17,424 square feet, comprised of four parcels.
The assemblage is located at the intersection of Washington Street and Somerville Ave in the heart of Union Square. The addresses include 238 Washington Street, 269 Somerville Ave, 273 Somerville Ave, and Rear Somerville Ave, with proximity to the MBTA Green Line and USQ.
The property is zoned CC5, with a maximum density of five stories. Allowed uses include retail, commercial, or hotel with a special permit up.
The assemblage is located at the intersection of Washington Street and Somerville Ave in the heart of Union Square. The addresses include 238 Washington Street, 269 Somerville Ave, 273 Somerville Ave, and Rear Somerville Ave, with proximity to the MBTA Green Line and USQ.
The property is zoned CC5, with a maximum density of five stories. Allowed uses include retail, commercial, or hotel with a special permit up.
Key Highlights
- Qualified Opportunity Zone development site totaling 17,424 SF across four parcels
- Addresses include 238 Washington St, 269 Somerville Ave, 273 Somerville Ave, and Rear Somerville Ave
- CC5 zoning with maximum density of five stories
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,501
Businesses Nearby
Explore this area
Business Placement
Demographics for 02143, MA
26,022
Population
12,901
Households
2
Avg Household Size
33
Median Age
74%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
17,348
Density / Sq Mi
$126,102
Median Household Income
$73,055
Median Earnings
$2,424
Median Rent
$930,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Four-parcel assemblage in an Opportunity Zone with CC5 zoning allowing up to five stories and retail or commercial uses.
Where is this commercial land located?
The property is located at 273 Somerville Ave Somerville, MA.
What are key features of this property?
This property features: Qualified Opportunity Zone development site totaling 17,424 SF across four parcels; Addresses include 238 Washington St, 269 Somerville Ave, 273 Somerville Ave, and Rear Somerville Ave; CC5 zoning with maximum density of five stories
