1 Confidential, Somerville, MA 02143

$1,950,000
1
BA
2,647
SqFt
List Price
$1,950,000
Status
ACTIVE
MLS#
73172622
Bathrooms
1
Living Area
2,647
Lot Size (Acres)
0.06
Year Built
1845

Property Description

In the Heart of Union Square's Redevelopment zone. This property is in one of the city's fastest growing communities. New commercial and residential developments have attracted professionals and businesses who are calling Union Square their new home. Listed Property is surrounded by mid-rise developments due to house: 1000+ new residences, 2+ million square feet of new lab/research facilities, 150k square feet of neighboring retail space. Market trends and real estate transactions suggest, Union Square property value and opportunities are on the rise!! The MBTA agrees and has undergone the addition of 6 new stops in the Somerville area. This includes, Ball Square and Union Square - steps from 15 Listed Property. Currently, the property is an operational convenient store. Redevelopment of this building may offer an investor/developer to build upwards, creating a mixed-use space, up to 6 stories. Buyer due diligence. Call for plot map and renovation renderings.

Additional Information

Area
Union Square
Taxes
$14,513

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Listing courtesy of Listing Agent: DJ Gendreau from Listing Office: Douglas Elliman Real Estate - Park Plaza.

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