334 Washington Street Somerville, MA ^$ 3,950,000

334 Washington Street

^$ 3,950,000

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334 Washington Street

Somerville, MA, 02143

^$ 3,950,000

Studio Baths0.0 Sq 9,180

Monthly Estimate*

^$ 26,253

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Studio

Commercial Property for sale in Somerville, MA

for $3,950,000. This 9,180 square foot building was built in 1920 on a lot size of 0.24.

334 Washington Street offers a compelling opportunity for investors, users, and business owners seeking to acquire a multi-tenancy industrial flex building strategically located between Union Square and Harvard Square. Spanning a total of 9,180 square feet, the property is situated on a .24-acre parcel. Formerly utilized as a manufacturing facility, it features a drive-in garage door and ample parking space for six or more vehicles at the front. The property's FAB zoning permits a diverse range of flex uses. It is being sold vacant, providing potential buyers with immediate occupancy opportunities.

Commercial Active

Price

^$ 3,950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 9

Style

Industrial

Lot Size

0.24

Year Built

1920

Town/City

Somerville

County/Region

Middlesex

MLS | Web ID

73228741

List By

Daniel Alper

Listing Agent

Affordability Calculator

$26,254

Per Month

Monthly Principal & Interest: $26,253
Monthly Property Taxes: $1
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Commerical listings in Somerville, MA

Average List Price ^$2,038,915

Percent of Sale Price 48%

About Somerville, MA

81,036 Population

5% Since 2002

^$82,952 Median Income

36.55 Median Age

16% Households with Children

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Trends Information provided by ATTOM Data Solutions.

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Pricing History

Date	Price	Price Change	Description
4/25/2024	$3,950,000		Listed Price

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334 Washington Street, Somerville, MA, 02143 is a Commercial Property for sale at $3,950,000 with 9,180 sqft and a lot size of 0.24. 334 Washington Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 02143 which is in Somerville, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 6/3/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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 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 or leasing 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 or leasing. 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.

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334 Washington Street

Commercial Property for sale in Somerville, MA

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