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.
This home has been viewed 24 times
Last Checked: May 7th, 2024 at 8:17am (Source: MLS PIN #73172622)
General Information for 1 Confidential, Somerville MA 02143
Listing ID73172622
Property TypeCommercial Sale / Commercial
Price$1,950,000
Style
CitySomerville
CountyMiddlesex
MLS AreaUnion Square
Neighborhood(s)
Garage Parking
ZoningCBD
AssociationNo
Year Built1845
Year Built Source
Year Renovated
Year Built Details
Handicap Access / FeaturesNo
Energy Features
Disclosures for 1 Confidential, Somerville MA 02143
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Senior CommunityNo
Special Listing Conditions
For Sale By OwnerNo
Exclusions
Disclosures
Title 5
Buyer Agent Compensation2
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Contact Information for 1 Confidential, Somerville MA 02143