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$ 2,950,000
Est. payment /mo
Price Dropped by $450K
55 Elm St Somerville, MA 02144
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73527146
HOA Y/N false
Year Built 1900
Annual Tax Amount $16,881
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Your chance to be the Big Fish! Rare mixed-use opportunity at one of Somerville's most recognizable corners, across from the Porter Square Shopping Center and T Stop. Formerly home to the beloved and iconic Big Fish Little Fish store, this highly visible location has been a destination for generations of local residents. The property consists of a 6,290 SF mixed-use building featuring two commercial storefronts, a three-unit multifamily residence (two 1-bedroom units and one 2-bedroom unit), a driveway and yard. The commercial spaces include back rooms and basement storage, with the potential to combine both storefronts into a single larger space. The property offers exceptional redevelopment and investment potential. Ideal for condominiums, multifamily housing, and mixed-use development. Being delivered vacant, this transit-oriented site (also sees lots of foot traffic) provides unmatched accessibility to Cambridge, Boston, and surrounding communities.
Location
State MA
County Middlesex
Zoning NR
Direction Corner of Elm St and Cedar St
Exterior
Utilities Available Public Water, Public Sewer
Roof Type Shingle,Rubber
Others
Senior Community false
Virtual Tour https://smartfloorplan.com/il/v511765/pdf/plan.pdf

Listed by RE/MAX Real Estate Center
NEARBY SCHOOL & BUSINESS

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