$3,400,000
 $18,252 est/mo Sourced by Back At You

55 Elm St,Somerville, MA 02144

Somerville, MA 02144

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Description

Rare mixed-use opportunity at one of Somerville's most recognizable corners, across from the Porter Square Shopping Center and T Stop. Formerly home to the beloved and iconic Big Fish Little Fish store, this highly visible location has been a destination for generations of local residents. The property consists of a 6,290 SF mixed-use building featuring two commercial storefronts, a three-unit multifamily residence (two 1-bedroom units and one 2-bedroom unit), a driveway and yard. The commercial spaces include back rooms and basement storage, with the potential to combine both storefronts into a single larger space. The property offers exceptional redevelopment and investment potential. Ideal for condominiums, multifamily housing, and mixed-use development. Being delivered vacant, this transit-oriented site (also sees lots of foot traffic) provides unmatched accessibility to Cambridge, Boston, and surrounding communities.

Details

MLS #73536182
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site101
Listing Provided ByRE/MAX Real Estate Center | David Lilley

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet2,426
BasementY
Story(s)3
Units3
ZoningNR
Acreage0.09

Interior

Rooms Total11
Fireplaces Total0
Fireplace Yes / NoNo
FlooringVinyl, Hardwood

Exterior

RoofShingle, Rubber
Construction MaterialsFrame
Foundation DetailsStone
Lot FeaturesCorner Lot

Parking

Garage Yes / NoNo
Parking FeaturesOff Street

Utilities

Utilitiesfor Gas Range
SewerPublic Sewer

Taxes

Tax Annual Amount16881.04
Tax Assessed Value1547300
Tax Year2025

Location

Community FeaturesPublic Transportation, Shopping, Highway Access, House of Worship, Public School, T-Station, University
Senior Community Yes / NoNo

Area Information

StateMA
CountyMiddlesex
CitySomerville
Zip Code02144
AreaMiddlesex
Listing VS Median (in 02144)
Price:
$3,400,000
low | high
Med:
$8,150
100% of Average
sqft:
2,426
low | high
Med:
1,725
78.895300906843% of Average
$ / sqft:
$1,401
low | high
Med:
$5
100% of Average
On site:
101
low | high
Med:
27
100% of Average
Sourced by Back At You

Market Activity 02144

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Additional Information

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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:
$3,400,000
low | high
Med:
$8,150
100% of Average
sqft:
2,426
low | high
Med:
1,725
78.895300906843% of Average
$ / sqft:
$1,401
low | high
Med:
$5
100% of Average
On site:
101
low | high
Med:
27
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.55M - $4.25M
sqft: 1,500 - 3,000
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$1,300,000
9 Olive Ave # 1
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17 Porter St U:1 Property Photo 1
$2,495,000
17 Porter St U:1
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17 Frost St # 17 Property Photo 1
$2,595,000
17 Frost St # 17
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Listing Updated: September 6, 2026 at 6:38:35 AM PDT