Commercial for Sale: 431 Medford, Somerville, MA 02145

5,318 sqft
$1,549,999
$1,549,999
431 Medford, Somerville, MA 02145
5,318 sqft
$1,549,999
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Price:
$1,549,999

Type Commercial
Square Feet 5,318 sqft
Lot Size 0.06 acres
Year Built 1900

City Somerville
County Middlesex

MLS 73292224
Status Active
DOM 63 days
Unmatched Investment Opportunity in Somerville! Seize the chance to own this exceptional mixed-use building just a few blocks from the Gilman Square Green Line station! This prime corner property offers outstanding visibility and signage, featuring two retail spaces leased through 2026, ensuring immediate income stability. Above, discover two spacious 4+ bedroom apartments that highlight beautiful hardwood flooring, generous living areas, and modern layouts. With an impressive annual income of 124.8K this property not only provides solid returns but also boasts huge upside potential for future rent increases. Located in the thriving Winter Hill section, you’re close to Assembly Row and have seamless highway access to downtown Boston. Surrounded by vibrant restaurants, shops, and local amenities, this rare opportunity won’t last long—act now to secure your investment in this desirable neighborhood!

Lot & Building Features

Tax Year 2024
Roof Rubber

Price History of 431 Medford, Somerville, MA

Date Name Price Difference
09/19/2024 Listing Price $1,549,999 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 431 Medford, Somerville, MA

Location Map Street View
Photo of Karen Spero
Karen Spero
REALTOR®
Direct: 603-548-5891
Office
185 Plaistow Road, Suite 1
Plaistow, NH 03865
603-382-0360 x14
Listed by NextGen Realty, Inc., Zachary Conley
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431 Medford (MLS #73292224) is a commercial listing located in Somerville, MA. This commercial listing is 5,318 sqft and on a lot of 2,800 sqft (or 0.06 acres) and is 124 years old. This property was listed on 09/19/2024 and has been priced for sale at $1,549,999.

Nearby zip codes are 02138, 02140, 02143, 02144 and 02155. This property neighbors other cities such as Cambridge and Medford.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: NextGen Realty, Inc.

The property listing data and information 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 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 set forth herein.