Mixed-Use Building with Two
55 Elm Street Somerville, MA 02144
55 Elm Street, Somerville, MA, 02144
$3,900,000
For Sale
$3,900,000
Mixed-use building with two commercial storefronts and three multifamily units, delivered vacant with a driveway and yard.
Property Size2,426 SF
Price / SF$1,607
Days on Market64
Property Features for 55 Elm Street
General Information
- Standard status
- Active
- Size
- 2,426 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
RE/MAX Real Estate Center
Listed by
David Lilley
(617) 236-0353
Source
Thecharlesrealty
Added: May 19 Updated: Jul 21 at 1:24AM Checked: Jul 21 at 1:24AM
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Investment Insights
Based on property information with market context.
This mixed-use property includes a 6,290 SF building with two separate commercial storefronts, along with a three-unit multifamily residence above. The residential component features two 1-bedroom units and one 2-bedroom unit. The storefront spaces include back rooms and basement storage. There is also a driveway and yard on site, and the layout supports combining both storefronts into a single larger commercial space.
The property is located at a highly visible corner across from the Porter Square Shopping Center and T Stop. The public remarks indicate strong foot traffic and convenient access to Cambridge, Boston, and surrounding communities.
Being delivered vacant, the site provides flexibility for buyers planning owner-occupancy or redevelopment, while retaining a functional mixed-use configuration with street-level retail and residential units.
The property is located at a highly visible corner across from the Porter Square Shopping Center and T Stop. The public remarks indicate strong foot traffic and convenient access to Cambridge, Boston, and surrounding communities.
Being delivered vacant, the site provides flexibility for buyers planning owner-occupancy or redevelopment, while retaining a functional mixed-use configuration with street-level retail and residential units.
Key Highlights
- 6,290 SF mixed‑use building with two commercial storefronts and a three‑unit multifamily residence
- Multifamily unit mix: two 1‑bedroom units and one 2‑bedroom unit
- Commercial space includes back rooms and basement storage; potential to combine both storefronts into one larger space
Property Analytics
Location Intelligence
Current Use by Public Records
Big Fish Little ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with two commercial storefronts and three multifamily units, delivered vacant with a driveway and yard.
Where is this mixed-use property located?
The property is located at 55 Elm Street Somerville, MA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 6,290 SF mixed‑use building with two commercial storefronts and a three‑unit multifamily residence; Multifamily unit mix: two 1‑bedroom units and one 2‑bedroom unit; Commercial space includes back rooms and basement storage; potential to combine both storefronts into one larger space
