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$1,995,000
Est. payment /mo
4,720 SqFt
New
17 Kensington Avenue Somerville, MA 02145
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,720 sqft
Price per Sqft $422
MLS Listing ID 73504113
HOA Y/N false
Year Built 1930
Annual Tax Amount $14,991
Tax Year 2026
Lot Size 10,018 Sqft
Acres 0.23
Property Description
Existing single story commercial building and parking area on a flat 10,006 sq/ft rectangular lot, last used as a print shop, and being delivered vacant together with plans to construct a new 19 unit residential building in its place. The property is located on a sleepy side street off of Broadway in a rapidly developing neighborhood with easy access to shopping + restaurants and is only a half mile from the Assembly Square Orange Line T. The property is offered w/the land, existing building + a full set of architect drawings ready to submit for permit. Plans call for 4-5 units per floor and a gross building area of 25,293 sq/ft. The unit mix includes (15) 2 bedroom/2 bath residences and (4) 1 bed/1 bath residences. Four units would be designated affordable, and the project can be built as apartment or condominium. Most residences have private outdoor space + the plans even call for a common roof deck! SEE THE POTENTIAL FOR YOURSELF. OPEN HOUSE WEDNESDAY 4/22 from 10AM-NOON
Location
State MA
County Middlesex
Zoning UR
Direction Broadway to Kensington Avenue
Exterior
Utilities Available Public Water
Others
Senior Community false
Listed by Coldwell Banker Realty - Brookline
NEARBY SCHOOL & BUSINESS
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