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Executive Summary
This property sits on a well-positioned urban lot offering visibility and convenient accessibility within a high-demand neighborhood. The site features a level grade suitable for a variety of uses and is situated close to major thoroughfares, public transportation, and key amenities. Surrounded by dense residential and commercial activity, the location benefits from strong pedestrian and vehicular traffic, making it an appealing setting for future development or continued income-producing use.
Please note that interested parties may not enter the property without prior authorization from the listing agent, as an active business is currently operating on the premises
Please note that interested parties may not enter the property without prior authorization from the listing agent, as an active business is currently operating on the premises
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Medical
Building Size
17,000 SF
Building Class
C
Year Built
1926
Price
$5,000,000
Price Per SF
$294.12
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
17,000 SF
Building FAR
1.00
Lot Size
0.39 AC
Zoning
RC, Somerville
Parking
9 Spaces (1.88 Spaces per 1,000 SF Leased)
1 1
Exceptionally walkable
90/100
Fairly drivable
50/100
Good public transit
70/100
Very bikeable
80/100
Property Taxes
| Parcel Number | SOME M:50 B:G L:9 | Improvements Assessment | $709,500 |
| Land Assessment | $624,600 | Total Assessment | $1,334,100 |
Property Taxes
Parcel Number
SOME M:50 B:G L:9
Land Assessment
$624,600
Improvements Assessment
$709,500
Total Assessment
$1,334,100
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141 Highland Ave
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