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$4,599,900
45 Days Online

176-182 Broadway
Somerville, MA 02145

For Sale|Land|Active
County:
Middlesex

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Call Now: (617) 755-4484
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(617) 755-4484
176-182 Broadway176-182 Broadway176-182 Broadway176-182 Broadway
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DEVELOPABLE 5 STORY MIXED USE PROJECT WITH UP TO 37 UNITS. Incl 2 parcels w/ over 11,000 sq ft of lnd, sold as a package. ZONED MR5. Potential buildout w/ TYPICAL CONSTRUCTION WILL ALLOW UP TO 28 UNITS and approx 31,970 gross sq ft of building and approx 1,125 average per unit size OR building as a NET ZERO BUILDING...YOU CAN PUT UP TO 37 MAXIMUM UNITS with approx 577 sq ft more or less. Addtnl COMMERCIAL SPACE OF UP TO 5000 SQ FT is allowed. One parking space required per unit...there is enough for up to 23 spaces on site. Specital permit for relief regarding parking needed to achieve maximum number of units. SELLER WILL WAIT FOR BUYER TO RECEIVE PROJECT APPROVALS BEFORE CLOSING. Buyer responsible for all fees incl but not limited to architects fees, attorney fees etc necessary to obtain approvals. Affordable requirement for City of Somerville is 20%. GREAT LOCATION rated a WALKER'S PARADISE SCORE OF 95. Insanely convenient...UNDER A MILE TO GREEN AND ORANGE LINE SUBWAY STOPS!

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Listing Snapshot
Price 
$4,599,900
Days Online 
45 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.27 Acres
Year Built 
N/A
MLS® Number 
73287760
Status 
Active
Property Tax 
$11,579
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing first seen online
2 months agoListing updated with changes from the MLS®
General Features
Acres 
0.27
Buyer Agent Compensation 
2.125
Sewer 
Public Sewer
Utilities 
Natural Gas Available
Water Source 
Public
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Exterior Features
Lot Features 
Level
Road Frontage 
City Street
Community Features
Roads 
Paved
Listing courtesy of The Steve Bremis Team of Steve Bremis Realty Group



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Data Last Updated at 2024-10-26 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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