1 Washington Street

For Sale

1 Washington Street, Somerville, MA 02143

This Somerville property for sale is located at 1 Washington Street. The current listed sale price for 1 Washington Street is $1,449,500. 1 Washington Street is situated on a lot that is 0.08 acre in size.

Contacts

broker
Daniel Alper

Boston Realty Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 2,970 SF
  • Units 2
  • Lot Size 0.08 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated Jun 17, 2024
Somerville Massachusetts, nestled adjacent to the city of Boston and world-renowned Cambridge Massachusetts, has been poised as the next Life Science Hub in the Greater Boston Market. With prominent locations such as Union Square, Boynton Yards, Assembly Row, Kendall Square, Cambridge Crossing, and Hood Business Park, there is no better location for young professionals to reside. East Somerville hosts a diverse range of property types, primarily comprising multifamily and retail spaces. However, the demand for laboratory spaces has extended into the area, as evidenced by a fully entitled 78,000 square foot lab development directly across the street from 1 Washington Street. The property is conveniently located less than one mile from Union Square, with convenient access to Boston via the Sullivan Square and East Somerville train stations, offering residents access to numerous employment opportunities in the vicinity.Boston Realty Advisors is pleased to present 1 Washington Street in Somerville, Massachusetts. This property showcases a 2,025 square foot duplex situated on a 3,485 square foot lot. Comprising a 2-bedroom lower unit and a 4-bedroom upper unit, the property is fully leased to high-quality tenants. It offers potential for value addition and the opportunity to elevate rents to market rates. Additionally, the property is zoned MR-4, allowing for a 4-Story mixed-use development as of right. 1 Washington Street presents an exceptional opportunity for end-users or developers seeking a transit-oriented covered land play for future development. The property is offered for sale at $1,449,500. We will be sharing the details of the site and zoning information upon request.
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Highlights

  • Value-Add Opportunity
  • Primed for Owner Occupiers
  • 6 Private Off Street Parking Spaces
  • Development Potential by Right
  • Covered Land Play Opportunity

Attachments

Getting around

  • 88/100

    Walk Score ®

  • 88/100

    Transit Score ®

  • 91/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Somerville, MA
  • Neighborhood East Somerville
  • Zip Code 02143
  • Market Boston

Points of Interest

  • Sullivan Square

    0.25 miles

  • Union Square

    0.75 miles

  • Kendall/MIT

    1.40 miles

  • North Station

    1.64 miles

  • Central

    1.64 miles

  • Ball Square

    1.98 miles

  • Church Street - Johnston Gate

    1.99 miles

  • Church Street - West

    2.01 miles

  • Park Street

    2.02 miles

  • Harvard Square

    2.03 miles

  • Speedway

    0.06 miles

  • ChargePoint

    0.30 miles

  • Pearl Street Auto Sales

    0.59 miles

  • Shell

    0.61 miles

  • Gulf

    0.61 miles

  • Tesla Supercharging Station

    0.63 miles

  • Sunoco

    0.76 miles

  • Mobil

    0.93 miles

  • Tesla Supercharger

    0.99 miles

  • JuiceBar

    1.46 miles

  • Draw Seven Parking Lot

    0.84 miles

  • Artisan East Garage

    0.88 miles

  • Great River Garage

    0.90 miles

  • First Street Garage

    0.93 miles

  • Lot 11 - Windsor St at Cambridge St

    0.94 miles

  • Museum of Science Parking Garage

    1.07 miles

  • One Kendall Square Garage

    1.09 miles

  • Lower Broadway Community Lot

    1.12 miles

  • S&S Restarant parking

    1.14 miles

  • S&S parking

    1.15 miles

  • Holiday Inn

    0.08 miles

  • Holiday Inn Express Hotel & Suites

    0.62 miles

  • Fairfield Inn and Suites

    0.65 miles

  • Hampton Inn Boston/Cambridge

    0.70 miles

  • The Row Hotel at Assembly Row

    0.79 miles

  • La Quinta

    0.85 miles

  • Hotel Marlowe

    1.03 miles

  • Encore Boston Harbor Hotel

    1.06 miles

  • The Royal Sonesta Boston

    1.12 miles

  • Cambria Boston Somerville

    1.26 miles

  • Marshalls

    0.58 miles

  • Star Market

    0.59 miles

  • Vinal General Store

    0.61 miles

  • Target

    0.63 miles

  • getir: groceries in minutes

    0.63 miles

  • Stop & Shop

    0.68 miles

  • Mineirão One Stop Mart Mercado Brasileiro

    0.77 miles

  • Reliable Market

    0.80 miles

  • Saks Off 5th

    0.82 miles

  • TJ Maxx

    0.83 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Daniel Alper

Boston Realty Advisors