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Mixed-Use Development Property
For Sale
$3,300,000

43 Cross Street, Somerville, MA 02145

Mixed-use building on two lots with 10 dedicated parking spaces, sold with 45 Cross Street.

Property Size3,221 SF
Price / SF$1,024
Days on Market338

Property Features for 43 Cross Street

General Information

Standard status Active
Size 3,221 SF
Total Parking Spaces 10
Property subtype Multi-family / 3 Family
Zoning RB

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $11,840

Amenities

City/Town Sewer, Public
No, Yes, .00, Paved Drive, Paved Drive
No
3.0
Partial
Living Room, Kitchen
3
3.00
Frame, Stone
Shingle, Rubber

Building Details

Year Built 1900
Listing Agency: Century 21 North East
Listed By: Leonard Ferrari Jr. · License #9571217
Source: Compass
Added: Oct 4, 2025 Changed: Aug 8 Last Checked: Jul 21 at 6:27PM

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 Century 21 North East

Investment Insights

Based on property information with market context.

Mixed-use building at 43 Cross Street, Somerville, MA 02145, offered as a rare development opportunity. The offering consists of two lots and includes 10 dedicated parking spaces, providing flexibility for future expansion or redevelopment. The property is being sold together with 45 Cross Street.

According to the public remarks, the location is just steps from multiple Orange Line stations, with access described as minutes to Route 93, Assembly Row, and Downtown Boston (approximately 10 minutes).

Please note that the information provided does not specify the current unit mix, building configuration, or condition beyond the mixed-use designation and the lot and parking details.

Key Highlights

  • Mixed‑use building on two lots, sold together with 45 Cross Street.
  • Includes 10 dedicated parking spaces across the two lots.
  • 3 total bathrooms (3 full baths); partial basement.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Accounting Firm (Bike/Boat/Book/etc) Store Acupuncture Bed & Breakfast

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,293
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Mixed-use building on two lots with 10 dedicated parking spaces, sold with 45 Cross Street.
Where is this triplex located?
The property is located at 43 Cross Street Somerville, MA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Mixed‑use building on two lots, sold together with 45 Cross Street.; Includes 10 dedicated parking spaces across the two lots.; 3 total bathrooms (3 full baths); partial basement.
More about this property
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