Existing single story commercial building and parking area on a flat 10,006 sq/ft rectangular lot, last used as a print shop, and being delivered vacant together with plans to construct a new 19 unit residential building in its place. The property is located on a sleepy side street off of Broadway in a rapidly developing neighborhood with easy access to shopping + restaurants and is only a half mile from the Assembly Square Orange Line T. The property is offered w/the land, existing building + a full set of architect drawings ready to submit for permit. Plans call for 4-5 units per floor and a gross building area of 25,293 sq/ft. The unit mix includes (15) 2 bedroom/2 bath residences and (4) 1 bed/1 bath residences. Four units would be designated affordable, and the project can be built as apartment or condominium. Most residences have private outdoor space + the plans even call for a common roof deck! SEE THE POTENTIAL FOR YOURSELF. OPEN HOUSE WEDNESDAY 4/22 from 10AM-NOON
- Tax Year:
- 2026
- Status:
- Active
- Zoning:
- UR
- Orig Price:
- $1,995,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Somerville
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02145
- Longitude:
- W72° 54' 48.9''
- Latitude:
- N42° 23' 24.2''
Commercial Sale
17 Kensington Avenue, Somerville, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,995,000
- Square Footage :
- 4,720 Sqft
- Year Built :
- 1930
- Lot Area :
- 0.23 Acre
- Listing ID :
- 73504113
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com