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55 Elm St
Somerville, MA 02144
Retail Property For Sale
Investment Highlights
- Rare mixed-use investment and redevelopment opportunity in the heart of Porter Square
- Three residential units (two 1-bedroom units and one 2-bedroom unit)
- Highly visible property with strong pedestrian and vehicle traffic
- Significant value-add and redevelopment potential for investors and developers
Executive Summary
Rare mixed-use investment and redevelopment opportunity located at a highly visible corner directly across from Porter Square Shopping Center and the MBTA Red Line station. The property is the former home of the well-known Big Fish Little Fish retail store and has long-standing recognition within the local market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,800 SF
Building Class
C
Year Built
1900
Price
$3,900,000
Price Per SF
$573.53
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.68
Lot Size
0.09 AC
Parking
1 Spaces (0.15 Spaces per 1,000 SF Leased)
Frontage
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
