282 Mcgrath Hwy, Somerville MA 02143

Somerville, MA 02143
$999,000
Est. $6,792/month
0.13
Acres
1910
Year Built
23
Days on Market
Active Price Drop -$251,000 Listed Nov 13, 2025 • MLS# 73454594 Copied!

About this home

Investors, builders, & developers take notice! There is not a better opportunity to purchase and develop in a bustling area of Somerville set for significant transformation with USQ in Union Square! This property was formerly a restaurant/bar and has expansive opportunity for development. Condominiums, multi-family, or income investment potential at this location is primed and ready to go. Superb location and highly accessible to all transportation, less than .5 miles to the green line, minutes to Union Sq, Sullivan Sq, & Rt 93. Only 1 mile to Cambridge, Boston and just 1.5 miles to Assembly Row, and Encore Casino with endless dining and city life just around the corner! Additional opportunities to purchase multiple abutting properties if so desired! Reach out today.  Buyer and/or buyer's agents/reps to perform their own due diligence.

Property Overview

Listing Type
Commercial Sale
Year Built
1910

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1910
Lot Size 0.13 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $18,492

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

282 Mcgrath Hwy, Somerville MA 02143

Somerville, MA 02143

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,541
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1
Price Changes
20.1%
Price Range

Property Timeline

Price Reduced
Dec 3, 2025
$999,000 $251,000 (-20.08%)
From $1,250,000 to $999,000 (-20.1%)
🏠
Listed for Sale
Nov 13, 2025
$1,250,000
Original listing
Agent: Piantidosi Group Office: Coldwell Banker Realty - Andovers/Readings Regional

Price & Status History

Date Event Price Change
Dec 3, 2025 Price Changed $999,000 -$251,000
Nov 13, 2025 New Listing Added $1,250,000

Market Statistics

Days on Market
23 days
Price per Sq Ft
$—
Total Price Drop
-$251,000

Tax History

Year Taxes Assessment
2025 $18,492

Financial Details

Annual Property Tax
$18,492
Tax Year 2025

Listing Information

Listing Agent Piantidosi Group
Listing Office Coldwell Banker Realty - Andovers/Readings Regional
Agent MLS ID TM336881
Office MLS ID AN8827
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Somerville, MA

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