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199 Elm St

0.08 Acres of Residential Land Offered at $1,900,000 in Somerville, MA 02144

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Executive Summary

Rare potential development opportunity ideally located in bustling Davis Square Somerville. This 3,601 sq/ft piece of land is zoned MR4 and is currently improved by a two-story structure totaling 1,491 sq/ft plus an additional 852 sq/ft in the unfinished basement. The property is currently used as the offices and parking for a publishing company. The property is located just a .3 mile walk to the Davis Square T Station (Red Line) and a .4 mile walk to the Porter Square T Station (Red Line and Commuter Rail). A 21E was conducted by the current owner in 1997. See all documents attached to MLS for further information. Seller and seller's agent make no representations as to the potential development of the site. Buyer and/or buyer's agent to conduct their own due diligence.

Info Package

Property Facts

Price	$1,900,000	Property Type	Land
Sale Type	Investment	Property Subtype	Residential
No. Lots	1	Total Lot Size	0.08 AC

Price	$1,900,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	0.08 AC

1 Lot Available

Lot

Price	$1,900,000	Lot Size	0.08 AC
Price Per AC	$23,750,000

Price	$1,900,000
Price Per AC	$23,750,000
Lot Size	0.08 AC

3,601 sq/ft. Zoned MR4. Currently improved by a two-story structure totaling 1,491 sq/ft plus an additional 852 sq/ft in the unfinished basement. .3 miles to Davis Sq. T Station and .4 miles to Porter Sq. T Station.

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