Offered for sale, 237 Highland Avenue presents a rare mixed-use investment opportunity in Somerville's desirable Spring Hill neighborhood, conveniently located close to Davis Square and Porter Square. The property comprises 8,176 square feet (gross area) and includes two street-level commercial storefronts (currently occupied by a nail salon and tailor) along with four residential units consisting of two one-bedroom apartments, one studio apartment, and one four-bedroom apartment. All residential units are leased through August 2027, providing stable income. The property benefits from a strong rent roll and a highly accessible location with convenient access to Route 93, Boston, Cambridge, and public transportation. A compelling opportunity for investors seeking a well-located, income-producing asset in one of Somerville's most sought-after neighborhoods. Group showings and OH Only. Thurs June 18: 12-1pm, Fri June 19: 12-1pm, OH Sat June 20: 12-1:30pm, Sun June 21: 12-1:30pm.
This home has been viewed 14 times
Last Checked: June 17th, 2026 at 9:18am (Source: MLS PIN #73536582)
General Information for 237 Highland Ave., Somerville MA 02143
Listing ID73536582
Property TypeCommercial Sale
Price$2,475,000
Style
CitySomerville
CountyMiddlesex
Neighborhood(s)
ZoningMR3
Year Built1900
Disclosures for 237 Highland Ave., Somerville MA 02143
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Special Listing Conditions
ExclusionsWasher
Compensation Based On
Contact Information for 237 Highland Ave., Somerville MA 02143