$3,400,000
55 Elm St, Somerville, MA
4
Beds
3
Baths
2,426
Square feet
0.09
Acres
Rare mixed-use opportunity at one of Somerville’s most recognizable corners, across from the Porter Square Shopping Center and T Stop. Formerly home to the beloved and iconic Big Fish Little Fish store, this highly visible location has been a destination for generations of local residents. The property consists of a 6,290 SF mixed-use building featuring two commercial storefronts, a three-unit multifamily residence (two 1-bedroom units and one 2-bedroom unit), a driveway and yard. The commercial spaces include back rooms and basement storage, with the potential to combine both storefronts into a single larger space. The property offers exceptional redevelopment and investment potential. Ideal for condominiums, multifamily housing, and mixed-use development. Being delivered vacant, this transit-oriented site (also sees lots of foot traffic) provides unmatched accessibility to Cambridge, Boston, and surrounding communities.
Facts & Features
| MLS® # | 73536182 |
|---|---|
| Price | $3,400,000 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,426 |
| Acres | 0.09 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 3 Family |
| Status | Active |
| Taxes | $16,881 |
| Tax Year | 2025 |
Community Information
| Address | 55 Elm St |
|---|---|
| City | Somerville |
| County | Middlesex |
| State | MA |
| Zip Code | 02144-3228 |
Amenities
| Utilities | for Gas Range |
|---|---|
| Parking Spaces | 2 |
| Parking | Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 3 |
| Stories | 3 |
| Basement | Yes |
| Basement Features | Full, Unfinished |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Roof | Shingle, Rubber |
| Construction | Frame |
| Foundation | Stone |
Additional Information
| Zoning | NR |
|---|---|
| Units In Complex | 3 |
| Flooring | Vinyl, Hardwood |
| Road Type | Public |
| Water | Public |
| Sewer | Public Sewer |
| Utility Connections | for Gas Range |
Listing Details
| Agent | David Lilley |
|---|---|
| Office | RE/MAX Real Estate Center |
