For more information regarding the value of a property, please contact us for a free consultation.
89-95 Elm Street Somerville, MA 02144
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,200,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,381 sqft
Price per Sqft $354
MLS Listing ID 72320452
Sold Date 07/19/18
Year Built 1890
Annual Tax Amount $15,196
Tax Year 2018
Lot Size 4,356 Sqft
Acres 0.1
Property Description
Porter Square !!! Location !!! Location !!! Location !!! Central Business Area !!! This is a fabulous opportunity to own a Free-Standing shopping strip across the street from the Porter Square Red Line T stop, Commuter Rail , and Shopping Center with tenants like CVS, Star Market, Dunkin Donuts, Tags Hardware, Cambridge Savings Bank, and more. Heavy traffic area with lots of exposure and great Commercial/ Residential Development potential! It is in Neighborhood Business Zone with possible development for more units. Buyer to do their own due diligence. Stores at #93 and #95 Elm are leased til 8-31-18. Store at #89 Elm is leased til 6-30-18. Seller occupies the small office space at 95A Elm. And will use and occupy until August 31,2018. The property is located between Cherry & Hancock Streets. There are on going businesses. Please do not go in without the listing agents.Thank you.
Location
State MA
County Middlesex
Zoning commercial
Direction Across the street from Porter Shopping Mall. Elm Street runs parallel to Massachusetts Avenue.
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Read Less
Bought with Ng/Praysman Team • Century 21 Commonwealth