Property Description

371 Highland Ave is a fully permitted and approved 23-unit development opportunity situated in the heart of Davis Square, featuring 13 below-grade parking spaces. The full Construction Document set is available. This mid-rise building encompasses 30,050 gross square feet. The existing building has been demolished and is ready for construction to begin immediately. 371 Highland Ave is strategically placed adjacent to the Davis Square MBTA stop, meeting the growing demand for premium living spaces in this vibrant area. Great opportunity to develop and sell as condos or develop and add a blue-chip rental property to your portfolio.

Features

Sewer : On-site, At Street, Public Sewer

Water : On-site, Public, At Street

Electric Feature : At Street, On-site

Gas : At Street

Additional Information

Area : Davis Square

Market Time : 1

Tax Year : 2025

Status : Active

Zoning : CBD

Orig Price : $4,995,000

Waterfront : No

MlsStatus : New

Address Map

City : Somerville

State : Massachusetts

County : Middlesex

Postal Code : 02144

Longitude : W72° 52' 55.3''

Latitude : N42° 23' 42.7''

Google Map

Land

371 Highland Ave, Somerville, Massachusetts

8,127 Sqft

$4,995,000

Listing ID #73390337

Basic Details

Property Type : Land

Listing Type : For Sale

Price : $4,995,000

Square Footage : 8,127 Sqft

Lot Area : 0.19 Acre

Listing ID : 73390337

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Agent info

srobb@robbenterprises.com

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.