125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
125 Highland Ave
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$4,800,000

125 Highland Ave

17,960 Sq.Ft.

Description

An exceptional opportunity to acquire 125 Highland Ave, which is a rare redevelopment opportunity in Somerville, Ma. This 17,960 sq ft building sits on a 18045 sq ft lot which is approx. 170 ft by 106 ft. It's location is 3 miles from Boston proper & conveniently within blocks (.4mi) of the future Gilman Square Green line extension stop as well as several MBTA bus routes. The Green Line Extension project is expected to be completed in early 2020 and will further connect Somerville to all of Boston. In addition to the ease of access to Boston, the property is less than a mile from Union Square which is currently undergoing one of the largest redevelopment projects in Greater Boston and includes 2.4mil sq ft of new transit oriented development. With several million square feet new mixed use developments w/in 2 miles of this address, the need to revitalize this parcel has come. Residential, Commercial, & Institutional uses can all benefit from this address. More info avail upon request.

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Location

125 Highland Ave, Somerville, MA 02143

Status

Pending
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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.
Thank you for your interest in 125 Highland Ave, Somerville, MA 02143. We are reviewing your request and will be in touch shortly!

Property Amenities

Area & Lot
Lot Area 0.41 Acres
Living area 17,960 Sq.Ft.
MLS® ID 72751064
Year Built 1917
Type Commercial
Status Pending
Exterior
Utilities Public Water, Public Sewer
Finance
Sales Price $4,800,000
Real Estate Tax $23,092 yearly
125 Highland Ave
125 Highland Ave
125 Highland Ave
"The Green Line Extension project is expected to be completed in early 2020 and will further connect Somerville to all of Boston."

— CAROL KORBMAN

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Work With Carol

I know that purchasing a home is one of the biggest and most exciting decisions a person can make. I aim to make the process as simple as possible, with one goal in mind: helping you find the perfect home.