321 Washington St, Somerville, MA 02143-3834
- Industrial properties
- 73,229 SF
- 2.91 lot acres
Current Use by Public Records
- Washington Street Art Center / Theater & Performing Art Venue
- Duck Village Art / Theater & Performing Art Venue
- Danielle Makes Crafts / Wedding Service
Property Details for 321 Washington St
- Year built
- 1935
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.91 lot acres
- Zone code
- RC
- Property type
- Industrial properties
- APN
- SOME M:64 B:B L:7
- APU
- SOMEM64BBL7
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 22, 2021 | $23,075,000 | 321 Washington Street LLC | Zucrow Re Holdings INC | Quit Claim Arm's Length For Ne States | $3.4M · Rockland Trust Co |
| Nov 28, 2012 | $31,080 | Jzb Real Estate LLC | Zucrow Real Estate Hldgs | Grant Deed | $31k · Zucrow Real Estate Holdings INC |
| Aug 22, 2008 | $1 | Zucrow Re Holdings INC | L Bornstein & Co INC | Grant Deed | — |
Description
This exceptional 20,000-square-foot industrial property, located at 321 Washington Street in Somerville, Massachusetts (zip code 02143), presents a unique opportunity for businesses seeking flexible warehouse space. The single-tenant building offers immediate occupancy, boasting impressive features ideal for a variety of uses. The warehouse features exceptionally high ceilings, providing ample vertical storage capacity. Convenient loading docks ensure efficient and streamlined operations, while durable concrete floors provide a robust and reliable foundation for heavy equipment and materials. The property also benefits from heavy power, accommodating businesses with significant energy demands. This prime location in Somerville offers excellent access to major transportation routes, making it an ideal distribution hub or manufacturing facility. The entire 20,000 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. This is a rare opportunity to secure a substantial, well-equipped warehouse in a highly desirable location. The property is classified as both flex and warehouse space, offering versatility for a wide range of businesses. Don't miss this chance to establish your business in this exceptional Somerville property.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $21,825,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $34,785,000
- RESTAURANT
- $21,260,000
- AUTO REPAIR, GARAGE
- $20,610,000
- NEIGHBORHOOD: SHOPPING CENTER
- $20,290,000
- RETAIL STORES
- $19,740,000
- APARTMENT HOUSE (5+ UNITS)
- $16,875,000
- OFFICE BUILDING
- $16,030,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Somerville
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.1017
- Latitude
- 42.38
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
