$2,700,000
( $583.41Per Sq Foot )
 $14,494 est/mo Sourced by Back At You

1167 Broadway,Somerville, MA 02144

Somerville, MA 02144

Share:

PreviousNext

Description

Presenting a prime opportunity for retail investors and developers., 1167 Broadway in Somerville, MA offers a 9,358 SF, five-unit commercial building with immense potential. Built in 1910 (Public records), this property features 40% occupancy, providing immediate income and significant room for growth. Boasting 4,628 SF of street-level space suitable for retail or office use. Situated on a 4,910 sq ft lot and MR4 zoning it also holds promise for redevelopment, presenting a compelling chance for potential NOI growth. With its strategic positioning in the Somerville area, this property is an enticing prospect for investors seeking a lucrative addition to their commercial real estate portfolio. Situated in the Tufts-Teele Sq and Davis Sq triangle This bustling area is a magnet for retail investors and developers, with a diverse mix of local businesses, trendy restaurants, and boutique shops contributing to the dynamic commercial landscape. ,The location offers unparalleled access to Educational, cultural attractions and entertainment hotspots, making it an ideal investment opportunity. With its prime positioning and strong community appeal, 1167 Broadway presents an exciting prospect for investors seeking to tap into this coveted area. Its current zoning of MR4 allows for vertical mixed-use development which is in large demand and encouraged in this area.

Details

MLS #73567686
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1910
Days On Site29
Listing Provided ByGibson CRE | Albert Bouchie

Features

SQ Feet4,628
ZoningMR4
Acreage0.11

Utilities

UtilitiesPublic Water, Public Sewer

Taxes

Tax Annual Amount24283
Tax Year2026

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyMiddlesex
CitySomerville
Zip Code02144
AreaMiddlesex
Listing VS Median (in 02144)
Price:
$2,700,000
low | high
Med:
$8,150
100% of Average
sqft:
4,628
low | high
Med:
1,725
100% of Average
$ / sqft:
$583
low | high
Med:
$5
100% of Average
On site:
29
low | high
Med:
26
100% of Average
Sourced by Back At You

Market Activity 02144

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from HK Realty at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the MLS Property Information Network.

Contact

Learn More About This Property

Wendy Tauber

Wendy Tauber

HK Realty

 (603) 502-7151wendy@h-krealty.com
StateMA
CountyMiddlesex
CitySomerville
Zip Code02144
AreaMiddlesex
Listing VS Median (in 02144)
Price:
$2,700,000
low | high
Med:
$8,150
100% of Average
sqft:
4,628
low | high
Med:
1,725
100% of Average
$ / sqft:
$583
low | high
Med:
$5
100% of Average
On site:
29
low | high
Med:
26
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.25M - $3.375M
sqft: 3,000 - 5,500
Nearby Listings Property ImageNearby Listings Details
30 Clarendon Ave Property Photo 1
$1,699,900
30 Clarendon Ave
Somerville, MA 02144
Listing Updated: September 4, 2026 at 3:33:52 AM PDT