45 Broadway
- Existing 8,712 SF commercial building
- Versatile potential for multifamily development
- Five parcels in offering
- Due diligence materials are available
- Zoned MR6, conducive to strategic development
- Strategic location in the dynamic Boston area
- Adjacent to I-93
Property Description
Presenting an exceptional investment opportunity, the property at 45, 49, 51, 53 and 54 Broadway in Somerville, MA encompasses an 8,712 square foot commercial building, and multifamily structures with versatile potential for multifamily development. With its classic charm and strategic location in the dynamic Boston area, this property stands as a valuable asset for the discerning investor. Boasting zoning designation MR6, it offers a conducive environment for strategic development initiatives, while the structure's construction in 1949 adds to its timeless appeal. With one unit providing flexibility, this property represents a prime opportunity to capitalize on the demand for multifamily housing in this thriving market.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| No. of Units: | 1 |
| Year Built: | 1949 |
| Lot Size: | 0.88 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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