318 Somerville, Somerville MA 02143

Somerville, MA 02143 • Union Square
$7,500
Est. $1,842/month
1,107
Sq Ft
$7
Price/Sq Ft
0.00
Acres
9999
Year Built
437
Days on Market
Active Listed Sep 25, 2024 • MLS# 73294361 Copied!

About this home

Seize the opportunity to establish your business in the bustling heart of Union Square, Somerville! Formerly a Caribbean grocery store, perfectly situated near the Union Sq & Gilman Sq Green Line stops on the MBTA, ensuring high foot traffic and excellent accessibility and easy access to public transportation. Nestled in a vibrant area surrounded by a variety of charming mom-and-pop shops, this space benefits from a lively community atmosphere and constant pedestrian flow. The property is divided into two separate 1,000 sq. ft. units, ideal for housing two distinct businesses. Please note, due to zoning regulations, these units cannot be combined.  Each unit is equipped with central heating and air conditioning, ensuring a comfortable environment year-round. The space also features an upgraded electrical system with two separate meters, providing flexibility and efficiency for each business. Currently vacant and secured with a lockbox, this space is ready for immediate occupancy.

Property Overview

Listing Type
Commercial Lease
Year Built
9999
Living Area
1,107 sq ft

Facts & Features

New Construction

Home Facts

Type Commercial Lease
Year Built 9999
Living Area 1,107 sq ft
Lot Size 0.0000

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 $19,251

Interior Features

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

Construction & Materials

Year Built: 9999
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

Union Square

318 Somerville, 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 $1,604
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

Property Timeline

🏠
Listed for Sale
Sep 25, 2024
$7,500
Original listing
Agent: Clifton Verdieu Office: Century 21 North East

Price & Status History

Date Event Price Change
Sep 25, 2024 New Listing Added $7,500

Market Statistics

Days on Market
437 days
Price per Sq Ft
$7

Tax History

Year Taxes Assessment
2021 $19,251

Financial Details

Annual Property Tax
$19,251
Tax Year 2021

Listing Information

Listing Agent Clifton Verdieu
Listing Office Century 21 North East
Agent MLS ID BB806203
Office MLS ID AN4345
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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318 Somerville, Somerville MA 02143 - Photo 1 318 Somerville, Somerville MA 02143 - Photo 2 318 Somerville, Somerville MA 02143 - Photo 3 318 Somerville, Somerville MA 02143 - Photo 4 318 Somerville, Somerville MA 02143 - Photo 5 318 Somerville, Somerville MA 02143 - Photo 6 318 Somerville, Somerville MA 02143 - Photo 7 318 Somerville, Somerville MA 02143 - Photo 8 318 Somerville, Somerville MA 02143 - Photo 9 318 Somerville, Somerville MA 02143 - Photo 10 318 Somerville, Somerville MA 02143 - Photo 11

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