Somerville MA Land for Sale
The median home value in Somerville, MA is $1,100,000.
This is
higher than
the county median home value of $567,300.
The national median home value is $219,700.
The average price of homes sold in Somerville, MA is $1,100,000.
Approximately 32.83% of Somerville homes are owned,
compared to 62.47% rented, while
4.71% are vacant.
Somerville real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Somerville real estate agent to arrange a tour today!
$8,250,000
21 Allen Street Somerville, MA 02143
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.41 Acres
- Baths:
- MLS#:
- 73211304
ADDITIONAL INFORMATION
The Ropewalk is a 69-unit multi-family development in the heart of Union Square, adjacent to the newly opened MBTA Station. The arrival of the Green Line Transit Station has precipitated a rapid transformation of the Square. The Square's $2 billion, 3.8 million SF master-planned development, coined USQ spans 20 acres and includes 2.4M SF of lab and innovation space,150,000 SF of retail and restaurant space, and 4.7 acres of vibrant open spaces. Phase I was delivered by Magellan Development in Q3 2023 with future phases set to break ground in 2024. Boynton Yards and Somerville Gateway which border Union Square to the east and south are complimentary master-planned developments adding a combined 4.1 million SF state-of-the-art life sciences/biotech, hotel, and retail spaces to the broader neighborhood. The project is in a qualified OZ and has been permitted as a Passive House project; set to achieve the highest level of sustainability. Approvals allow for either apartments or condos.
$6,400,000
Allen St Somerville, MA 02143
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.27 Acres
- Baths:
- MLS#:
- 73209071
ADDITIONAL INFORMATION
The Lumina is a fully permitted and approved 40-unit development opportunity located in the heart of Union Square, Somerville, Massachusetts. This mid-rise building, encompassing 35,971 gross square feet with 28,949 net rentable square feet, is ready for construction to commence. It boasts a building permit, an open MWRA permit, and an available demolition permit. Approved for four stories, The Lumina is strategically placed adjacent to the new Union Square MBTA stop, meeting the growing demand for premium living spaces in this vibrant area.
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Baths:
- MLS#:
- 73207691
ADDITIONAL INFORMATION
Somerville Vacant Land FOR SALE /// Being offered as a package deal with MLS #:73160505 , a mixed-use commercial building housing Royal Pizza & Subs and a 1-bedroom apartment above. Vacant land currently being used a parking for pizza shop and apartment with 9-10 off-street parking spaces on gravel. Extra wide curb cut for parking on Mount Vernon Street. This property is also being advertised as a larger 3-parcel development opportunity including 25 Washington Street (MLS: 73146318), a neighboring 2-story CMU commercial warehouse and a 2-story mixed-use building (MLS: 73160505) The 3-parcel opportunity offers a 3,847 SF buildable lot with a max allowed 11,541, 3-story building with 8 units and 8 parking "BY-RIGHT". Zoning is MR3, Ask agent for more information. Asking $4.2M for the 3 parcels
$12,000,000
81 Clinton Place Somerville, MA 02129
ADDITIONAL INFORMATION
Multiple Parcels near Encore Casino. Currently used as a Parking Lot. Buyer needs to use due diligence for proper use.
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