Mixed-Use Development
For Sale
$2,100,000
43-45 Cross Street Somerville, Somerville, MA 02145
Two-building, two-parcel offering with 10 dedicated parking spaces, suited for redevelopment into residential, commercial, or mixed use.
Property SizeContact for details
Days on Market52
Property Features for 43-45 Cross Street Somerville
General Information
Standard status
Active
Total Parking Spaces
10
Zoning
RB
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$17,421
Building Details
Year Built
1900
Listing Agency:
REMAX Andrew Realty Services
(508) 643-8166
Listed By:
Sharon Lucido · License #9050569
(508) 643-8166
Source:
Bournetosellrealestate
Added: Jul 6
Changed: Aug 7
Last Checked: Aug 25 at 5:50AM
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 REMAX Andrew Realty Services
Investment Insights
Based on property information with market context.
This two-building, two-parcel package at 43 & 45 Cross Street is presented as a redevelopment opportunity with flexibility for future residential, commercial, or mixed-use development. The property includes 10 dedicated parking spaces and offers a configuration that can support different end-use scenarios, subject to buyer’s due diligence and applicable approvals.
The site is described as being closely positioned to both the MBTA Orange and Green Line trains, with access also noted to I-93 and nearby destinations including Assembly Row, Union Square, and Downtown Boston. Buyers should review the Somerville zoning framework, as the public remarks indicate projects may allow units with or without parking, subject to approvals.
For developers, builders, and investors, this offering is designed to accommodate planning for a condominium-style outcome, again subject to approvals and due diligence. It is currently being marketed as an estate sale and is subject to court approval. The most meaningful next step is confirming feasibility of the desired residential and/or commercial program under current zoning and determining how parking needs would be handled for the specific development concept.
The site is described as being closely positioned to both the MBTA Orange and Green Line trains, with access also noted to I-93 and nearby destinations including Assembly Row, Union Square, and Downtown Boston. Buyers should review the Somerville zoning framework, as the public remarks indicate projects may allow units with or without parking, subject to approvals.
For developers, builders, and investors, this offering is designed to accommodate planning for a condominium-style outcome, again subject to approvals and due diligence. It is currently being marketed as an estate sale and is subject to court approval. The most meaningful next step is confirming feasibility of the desired residential and/or commercial program under current zoning and determining how parking needs would be handled for the specific development concept.
Key Highlights
- Two‑building, two‑parcel package at 43 & 45 Cross Street (built in 1900)
- 10 dedicated parking spaces included with the property
- Redevelopment potential for residential, commercial, or mixed‑use development
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,293
Businesses Nearby
Explore this area
Business Placement
Demographics for 02145, MA
27,520
Population
12,669
Households
2.2
Avg Household Size
33
Median Age
55%
College-Educated
89%
High-School Grad
1.4 sq mi
ZIP Area
19,657
Density / Sq Mi
$119,167
Median Household Income
$63,629
Median Earnings
$2,377
Median Rent
$784,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-building, two-parcel offering with 10 dedicated parking spaces, suited for redevelopment into residential, commercial, or mixed use.
Where is this residential income property located?
The property is located at 43-45 Cross Street Somerville Somerville, MA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Two‑building, two‑parcel package at 43 & 45 Cross Street (built in 1900); 10 dedicated parking spaces included with the property; Redevelopment potential for residential, commercial, or mixed‑use development
