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    FOR SALE
    Storefront properties

    163-179 Washington St Somerville, MA 02143

    Built 1890
    Property ID
    US38-Q005158
    163-179 Washington St, Somerville, MA 02143 For Sale 1 / 22
    $2,900,000
    163-179 Washington St, Somerville, MA 02143
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    AI-generated overview

    Offered for sale, 163-179 Washington St in Somerville presents a fully occupied, multi-tenant retail asset with four street-level storefronts in a high-visibility corner position along well traveled Washington Street. The building totals 10,848 SF (gross area) on a 7,683 SF lot, with strong urban fundamentals. Located in the Union Square area, the property is approximately 0.4 mi to Union Square Station (Green Line) and 0.6 mi to Twin City Plaza, with Assembly Square about 1.8 mi. The site is within the City's MR5 zoning district, supporting long-term optionality for investors evaluating future repositioning or redevelopment, subject to buyer due diligence and required approvals. A rare chance to secure stabilized storefront occupancy and prominent corridor presence in Somerville

    Property profile
    Verified
    Property type Storefront properties
    Year built 1890
    UPID US38-Q005158
    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
    Value estimations
    Realmo proprietary · 4 methods
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