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    115 Willow Ave Somerville, MA 02144
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    Property profile & analytics

    115 Willow Ave Somerville, MA 02144


    • Office buildings
    • 8,096 SF
    • 0.19 lot acres
    Somerville Industrial Building - Huge Potential For Sale
    $5,600,000

    Somerville Industrial Building - Huge Potential

    Prime Somerville location, versatile 8,096 SF building.

    115 Willow Ave, Somerville, MA 02144
    View Listing
    Property ID
    US38-0343009
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Charles Rose Architects Inc / Interior Design / Home Decor Store
    • 55 Gallon Drums Somerville / Big Box & Wholesale Store / Factory

    Property Details for 115 Willow Ave

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.19 lot acres
    Property size
    8,096 SF
    Zone code
    RC
    Property type
    Office buildings
    APN
    SOME M:28 B:I L:2
    APU
    SOMEM28BIL2

    Description

    This exceptional investment opportunity presents a substantial 8,096 square foot building situated at 115 Willow Avenue in Somerville, Massachusetts. Located just a short walk from Davis Square, this property offers unparalleled convenience and accessibility. Constructed in 1900, the building seamlessly blends historical charm with modern functionality, making it suitable for a diverse range of commercial uses. The property sits on a 0.19-acre lot and is zoned for Fabrication, opening doors to a multitude of possibilities. Potential uses include, but are not limited to, artisanal production, educational facilities, manufacturing operations, co-working spaces, food production, and even cannabis product growing and manufacturing. The ample square footage provides significant space for operations, allowing for customization and expansion to meet specific business needs. The building's strategic location, combined with its versatile zoning and substantial size, presents a compelling investment opportunity for discerning buyers seeking a well-positioned and adaptable commercial property in a thriving Somerville neighborhood. The asking price for this unique property is $5,600,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,770,000
      Current use
      COMMERCIAL (GENERAL)
      $3,410,000
      Change: +92% Conversion: Easy
      RESTAURANT
      $2,350,000
      Change: +33% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $2,280,000
      Change: +29% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $2,245,000
      Change: +27% Conversion: Difficult
      RETAIL STORES
      $2,185,000
      Change: +23% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $1,865,000
      Change: +5% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1159
    Latitude
    42.395
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $30,496
    $947,900
    $727,700
    $1,675,600
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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