17 Monmouth Street offers a rare redevelopment or adaptive reuse opportunity in Somerville's vibrant Spring Hill neighborhood. The property includes a 6,667 SF structure on an oversized 11,582 SF NR-zoned lot, allowing for low-density residential uses, including multifamily or townhomes. The lot size may support a potential subdivision into two conforming lots, unlocking additional development value. The existing building's scale and prior institutional use suggest creative reuse potential for community or residential projects. Just minutes from Union Square and the Green Line Extension (GLX), this site provides excellent transit access in a rapidly evolving corridor. Surrounded by historic homes, new developments, and major public/private investment, this location is primed for growth. Buyers to perform all due diligence. No representations made by seller. A strategic opportunity for developers or investors in one of Greater Boston's most dynamic markets.
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Location
17 Monmouth St, Somerville, MA 02143
Status
For Sale
Property Amenities
Area & Lot
Lot Area0.27 Acres
MLS® ID73426189
Year Built1896
TypeCommercial
StatusFor Sale
Exterior
UtilitiesPublic Water, Public Sewer
Finance
Sales Price$2,200,000
Real Estate Tax$23,296 yearly
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