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114 Broadway
Somerville, MA 02145
Office Property For Sale
Property Facts
Property Type
Office
Building Size
2,687 SF
Building Class
B
Year Built
1970
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
2,687 SF
Building FAR
0.84
Lot Size
0.07 AC
Zoning
BA
About 114 BROADWAY , SOMERVILLE, MA 02145
Exceptional investment opportunity with up to 12 individual offices... You can own a great investment property with a tremendous upside and development potential! FUTURE CONDO CONVERSION POSSIBILITIES which could include a potential mix use development with retail and residential. FAR (Floor to Area Ratio) of up to 3. Current use is two retail spots in the front and additional private individually rented offices. Fully rented Total Gross Monthly is $7,155 with a Gross Annual Rent of $157,440. Favorably Zoned as TOD or for Transit Oriented Development. CLOSE TO THE SULLIVAN SQ ORANGE LINE STATION AND ASSEMBLY ROW
Property Taxes
| Parcel Number | SOME-000091-A000000-000002 | Improvements Assessment | $331,300 |
| Land Assessment | $288,000 | Total Assessment | $619,300 |
Property Taxes
Parcel Number
SOME-000091-A000000-000002
Land Assessment
$288,000
Improvements Assessment
$331,300
Total Assessment
$619,300
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