Presenting a prime opportunity for retail investors and developers., 1167 Broadway in Somerville, MA offers a 9,358 SF, five-unit commercial building with immense potential. Built in 1910 (Public records), this property features 40% occupancy, providing immediate income and significant room for growth. Boasting 4,628 SF of street-level space suitable for retail or office use. Situated on a 4,910 sq ft lot and MR4 zoning it also holds promise for redevelopment, presenting a compelling chance for potential NOI growth. With its strategic positioning in the Somerville area, this property is an enticing prospect for investors seeking a lucrative addition to their commercial real estate portfolio. Situated in the Tufts-Teele Sq and Davis Sq triangle This bustling area is a magnet for retail investors and developers, with a diverse mix of local businesses, trendy restaurants, and boutique shops contributing to the dynamic commercial landscape. ,The location offers unparalleled access to Educational, cultural attractions and entertainment hotspots, making it an ideal investment opportunity. With its prime positioning and strong community appeal, 1167 Broadway presents an exciting prospect for investors seeking to tap into this coveted area. Its current zoning of MR4 allows for vertical mixed-use development which is in large demand and encouraged in this area.
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Last Checked: September 26th, 2026 at 4:38am (Source: MLS PIN #73567686)
General Information for 1167 Broadway, Somerville MA 02144
Listing ID73567686
Property TypeCommercial Sale / Commercial
Price$2,700,000
Style
CitySomerville
CountyMiddlesex
Neighborhood(s)
ZoningMR4
Year Built1910
Disclosures for 1167 Broadway, Somerville MA 02144
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Special Listing Conditions
ExclusionsRefrigerator In Basement And Table In The Kitchen.
Compensation Based On
Contact Information for 1167 Broadway, Somerville MA 02144