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    OFF-MARKET
    Auto shops

    161 Broadway, Somerville, MA 02145-2102

    11,640 SF 0.3 ac lot Built 1924
    Entity Owned 13-yr Hold ~ Est. High Equity
    Property ID
    US38-0552595
    Property summary
    AI-generated overview

    This exceptional property at 161 Broadway in Somerville, Massachusetts, offers a versatile warehouse/garage space ideal for a variety of businesses. Located in Middlesex County, zip code 02145, this single-tenancy property presents a unique opportunity. The primary space is designed as a warehouse, perfect for storage, light manufacturing, or distribution. The flexible layout allows for customization to meet specific operational needs. A significant advantage is the option to include office space, providing a seamless integration of administrative functions within the same building. This eliminates the need for separate office leases and streamlines operations. The property's location in Somerville offers convenient access to major transportation routes, facilitating efficient logistics and distribution. The building is well-maintained and ready for immediate occupancy. This is an excellent opportunity for businesses seeking a functional and adaptable space in a prime Somerville location. The property is classified as both Office and Industrial, offering a blend of uses within a single building. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property's latitude and longitude coordinates are 42.3887569 and -71.0852942 respectively.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1924
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 11,640 SF
    Lot 0.3 ac (12,994 SF)
    Zoning code BA
    APN SOME M:89 B:K L:12
    UPID US38-0552595
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Boston Auto Wholesale Car Dealership
    • The 400 Auto Group Car Dealership
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Somerville Realty Vent · 13 yrs held
    Somerville Realty Vent
    since 2013
    6 recorded transactions
    2025
    2013
    $710,000
    2011
    2009
    2007
    $1
    2007
    $750,000
    Zoning & alternative use
    BA · Somerville, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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