125 Highland Ave Somerville, MA 02143
- Commercial real estate
- 0.41 lot acres
Current Use by Public Records
- King Solomon's Lodge A.F. & A.M. / Fraternal Organization
Property Details for 125 Highland Ave
- Year built
- 1917
- Lot size
- 0.41 lot acres
- Property type
- Commercial real estate
Description
This exceptional redevelopment opportunity presents a unique chance to acquire 125 Highland Ave in Somerville, MA. The property boasts a substantial 17,960 square foot building situated on a sizable 0.41-acre lot (approximately 170 feet by 106 feet). Its strategic location offers unparalleled access to Boston, being just three miles from the city center. Furthermore, the property benefits from its proximity to public transportation, located within 0.4 miles of the completed Gilman Square Green Line extension stop and several MBTA bus routes. This provides convenient access to the entire Boston area. The property's value is further enhanced by its location less than a mile from Union Square, currently undergoing a major redevelopment project encompassing 2.4 million square feet of new transit-oriented development. With several million square feet of new mixed-use developments within a two-mile radius, the demand for revitalization in this area is high. This property is ideally suited for a variety of uses, including residential, commercial, and institutional developments. The significant size of the lot and building, combined with its prime location and excellent transportation links, make this a truly exceptional investment opportunity. Further details are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Somerville
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.10081
- Latitude
- 42.38788
