Two-Building Mixed-Use Development
43-45 Cross Street Somerville, MA 02145
43-45 Cross Street, Somerville, MA, 02145
$2,500,000
For Sale
$2,500,000
Two-building, two-parcel multifamily package with 10 dedicated parking spaces for flexible redevelopment near major transit.
Days on Market31
Property Features for 43-45 Cross Street
General Information
- Standard status
- Active
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
REMAX Andrew Realty Services
Listed by
Edward Accomando
(508) 823-9400
Source
Ballowhutchinsonrealestate
Added: Jun 22 Updated: Jul 10 at 4:03PM Checked: Jul 21 at 7:06AM
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 offering is a two-building, two-parcel package at 43 & 45 Cross Street presented as a redevelopment opportunity. The property includes 10 dedicated parking spaces and is being marketed for flexible residential, commercial, or mixed-use outcomes, subject to buyer due diligence and required approvals. The current structure and configuration support a range of redevelopment concepts, including potential condominium development, again contingent upon approvals.
The site is positioned in East Somerville with convenient access to MBTA Orange and Green Line trains and is described as minutes to I-93, Assembly Row, Union Square, and Downtown Boston. The buyer should verify all development assumptions, including any parking requirements, under current Somerville zoning and through the applicable permitting process.
The transaction is an estate sale subject to court approval, and showings require 24-hour notice. Buyer agents and buyers are advised to perform all due diligence. For developers, builders, and investors evaluating a mixed-use redevelopment project where parking and unit configuration may be adaptable through the local approval process, this two-building package offers a structured entry point for planning and entitlement work.
The site is positioned in East Somerville with convenient access to MBTA Orange and Green Line trains and is described as minutes to I-93, Assembly Row, Union Square, and Downtown Boston. The buyer should verify all development assumptions, including any parking requirements, under current Somerville zoning and through the applicable permitting process.
The transaction is an estate sale subject to court approval, and showings require 24-hour notice. Buyer agents and buyers are advised to perform all due diligence. For developers, builders, and investors evaluating a mixed-use redevelopment project where parking and unit configuration may be adaptable through the local approval process, this two-building package offers a structured entry point for planning and entitlement work.
Key Highlights
- Two‑building, two‑parcel mixed‑use redevelopment package at 43 & 45 Cross Street
- 10 dedicated parking spaces included with the property
- Year built: 1900
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Specialty property - Two-building, two-parcel multifamily package with 10 dedicated parking spaces for flexible redevelopment near major transit.
Where is this specialty property located?
The property is located at 43-45 Cross Street Somerville, MA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Two‑building, two‑parcel mixed‑use redevelopment package at 43 & 45 Cross Street; 10 dedicated parking spaces included with the property; Year built: 1900
