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281 Highland Ave

Somerville, MA 02143
  • $6,990,000
  • STATUS: Active
  • MLS #: 73017889
UPDATED: 37 min ago
$6,990,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,000
    SQFT
  • $538
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Listing courtesy of Team Mariano Smith of Mariano Smith & Co..

Description

Not available since 1947, this property represents an extraordinarily rare opportunity to acquire a generational asset located in a transit oriented location of Somervilles bustling Highland Avenue corridor. Comprised of a mix of floorplans and additional basement space totaling 18,750 +/- GSF, the property is sited on acre and provides garage and open space parking options. Located mile from Davis, Porter and Ball Squares. MBTA Red Line stations at Porter and Davis are 10 minutes by foot. Located 1 mile from Harvard University. An excellent value-add opportunity for investors in an extremely competitive market who may also benefit from future redevelopment of the site.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-08-14T12:05:12.497.
www.thehometownexperts.com/homes/131313365
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281 Highland Ave Somerville, MA 02143

  • Price: $6,990,000
  • Status: Active
  • On Site: Days
  • Updated: 37 min ago
  • MLS #: 73017889
0
Beds
0
Baths
0
½ Baths
0.25
Acres
13,000
SQFT
$538
$/SQFT
1900
Built
Neighborhood:
Powderhouse
County:
Middlesex
Area:
Powderhouse
Property Description
Not available since 1947, this property represents an extraordinarily rare opportunity to acquire a generational asset located in a transit oriented location of Somervilles bustling Highland Avenue corridor. Comprised of a mix of floorplans and additional basement space totaling 18,750 +/- GSF, the property is sited on acre and provides garage and open space parking options. Located mile from Davis, Porter and Ball Squares. MBTA Red Line stations at Porter and Davis are 10 minutes by foot. Located 1 mile from Harvard University. An excellent value-add opportunity for investors in an extremely competitive market who may also benefit from future redevelopment of the site.
Interior Features

Building Area Total 13000

Property Features

Business Type 5+ Residential Disclosures Owner To Seek Use & Occupancy Agreement For Management Unit (#281-1A F) Through 8/31/23. Tax Annual Amount 26261 Tax Year 2022 Utilities Public WaterPublic Sewer Zoning Ur

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Team Mariano Smith of Mariano Smith & Co..


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-08-14T12:05:12.497.
 
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Listing courtesy of Team Mariano Smith of Mariano Smith & Co..