Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    113 Washington St Somerville, MA 02143

    Sponsored
    For Sale
    $850,000

    Iconic diner, AS IS, high foot traffic.

    Property size:
    460 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This unique investment opportunity presents a chance to own Buddy's Diner, a 1929 Worcester Lunch Car (WLN No. 624) situated on a 0.02-acre lot at 113 Washington St, Somerville, MA 02143. The 460 square foot diner, originally operating in Leominster as Sawin's Diner, boasts nearly 100 years of history and a loyal customer base. Currently closed due to a sewage pipe issue, the property is being sold AS IS. This presents a significant opportunity for a buyer to restore and reopen this Somerville landmark. The location is exceptional, just a two-minute walk from the new East Somerville Green Line extension, ensuring high foot traffic and visibility. The asking price is $850,000. This is a rare chance to acquire a piece of Somerville history and a thriving business with immense potential. The property is zoned for commercial use and offers a unique opportunity for a restaurateur or investor seeking a one-of-a-kind operation. Don't miss this chance to own a piece of Somerville's rich culinary heritage.

    Property Features for 113 Washington St

    General Information

    Property type
    Land
    Square Feet
    460 SF
    Lot Size
    871 SF

    HighLights

    • Historic 1929 Worcester Lunch Car diner (WLN No. 624) on a 0.02‑acre lot.
    • 460 sq ft building located at 113 Washington St, Somerville, MA 02143.
    • Currently closed for repairs (sewage pipe issue); AS‑IS sale.
    • Exceptional location, two‑minute walk from the new Green Line extension.
    • Asking price: $850,000.
    • Commercially zoned.
    Property Profile Location Intelligence

    Current Use by Public Records

    Buddy's Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0868872
    Latitude
    42.3813508

    Nearby Similar for Sale

    • $2,600,000
      6,755 SF

      Somerville Multifamily Investment Opportunity

      Six-unit building near Union Square with strong rental income potential.
      8 Everett St, Somerville, MA 02143
      View Details
    • $1,125,000
      2,205 SF

      Somerville Multi-Family Residence

      Multi-family residence in Somerville, MA, built in 1900.
      7 Woodbine St, Somerville, MA 02143
      View Details
    • $2,300,000
      4,340 SF

      Somerville Multi-Family Gut-Renovated Property

      Two-unit multi-family in Somerville with modern design and premium finishes.
      57-59 Garrison Ave, Somerville, MA 02144
      View Details
    • $1,100,000

      Charming Somerville Two-Family Home

      Well-maintained two-family home near Tufts, subways, and Dilboy Field.
      21 High St, Somerville, MA 02144
      View Details
    • $1,279,900

      Somerville Two-Family Near Gilman Sq

      Well-maintained two-family near transit, shops, and restaurants.
      185-187 School St, Somerville, MA 02145
      View Details
    • $1,230,000

      Turreted Victorian Two-Family Near Greenline

      Deleaded two-family Victorian with in-law suite near Gilman Square.
      70 Highland Ave, Somerville, MA 02143
      View Details
    • $1,599,900

      Vacant Two-Family with Condo Potential

      Rare, vacant two-family with condo removal permit in Spring Hill.
      42 Belmont St, Somerville, MA 02143
      View Details
    • $6,700,000

      New Mixed-Use Asset in Somerville

      Newly constructed mixed-use property in Somerville's Union Square neighborhood.
      379 Somerville Ave, Somerville, MA 02143
      View Details
    • $1,479,900

      Porter Square Victorian with Potential

      Victorian duplex near Porter Square, suitable for owner occupants.
      35 Ibbetson St, Somerville, MA 02143
      View Details
    • $1,400,000

      East Somerville Development Opportunity

      Two-family property primed for condo conversion or income generation.
      57-59 Myrtle St, Somerville, MA 02145
      View Details
    • $1,750,000

      Well-Maintained Two-Family in Davis Square

      Two-family home near Davis and Porter Squares with great rental potential.
      18-20 Windom St, Somerville, MA 02144
      View Details
    • $1,299,000

      Somerville Two-Family Home

      Two-family home near public transportation and amenities.
      114 Cedar St, Somerville, MA 02144
      View Details

    FAQs

    What type of property is this?
    Land - Iconic diner, AS IS, high foot traffic.
    Where is this land located?
    The property is located at 113 Washington St Somerville, MA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Historic 1929 Worcester Lunch Car diner (WLN No. 624) on a 0.02-acre lot.; 460 sq ft building located at 113 Washington St, Somerville, MA 02143.; Currently closed for repairs (sewage pipe issue); AS-IS sale.
    Request Owner's contact information
    113 Washington St Somerville, MA 02143
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    113 Washington St
    Somerville, MA 02143
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    113 Washington St Somerville, MA 02143
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.