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$2,200,000
Est. payment /mo
0.27 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 73426189
HOA Y/N false
Year Built 1896
Annual Tax Amount $23,295
Tax Year 2025
Lot Size 0.270 Acres
Acres 0.27
Property Description
17 Monmouth Street offers a rare redevelopment or adaptive reuse opportunity in Somerville's vibrant Spring Hill neighborhood. The property includes a 6,667 SF structure on an oversized 11,582 SF NR-zoned lot, allowing for low-density residential uses, including multifamily or townhomes. The lot size may support a potential subdivision into two conforming lots, unlocking additional development value. The existing building's scale and prior institutional use suggest creative reuse potential for community or residential projects. Just minutes from Union Square and the Green Line Extension (GLX), this site provides excellent transit access in a rapidly evolving corridor. Surrounded by historic homes, new developments, and major public/private investment, this location is primed for growth. Buyers to perform all due diligence. No representations made by seller. A strategic opportunity for developers or investors in one of Greater Boston's most dynamic markets.
Location
State MA
County Middlesex
Area Spring Hill
Zoning NR
Direction GPS
Exterior
Utilities Available Public Water, Public Sewer
Others
Senior Community false
Virtual Tour https://sites.google.com/warrenre.com/17monmouthst/home
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Listed by Berkshire Hathaway HomeServices Warren Residential
Nearby Locations
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