55 Elm St, Somerville MA 02144
Somerville, MA 02144
$3,900,000
Est. $21,327/month
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About this home
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.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Jun 15, 2026
$3,900,000
Original listing
Agent: David Lilley
Office: RE/MAX Real Estate Center
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/15/2026 | 🏠 Listed for Sale | $3,900,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $16,881 | $1,547,300 |
Financial Details
Annual Property Tax
$16,881
Tax Year 2025
Assessed Value
$1,547,300
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1900
Living Area
2,426 sq ft
Lot Size
0.09 acres
Bedrooms
4
Full Baths
3
Total Rooms
11
Investment Metrics
Units
3
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Unit 3 Rent
— · N
Interior
Heating
None
Cooling
None
Flooring
Vinyl, Hardwood
Appliances
None
Fireplace
None
Basement
Full, Unfinished
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle, Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street
Total Spaces
2
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$16,881
Assessed Value
$1,547,300
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
4 days
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
4
Full Bathrooms
3
Living Area
2,426 sq ft
Total Rooms
11
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,426 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Vinyl, Hardwood
Appliances:
Interior Features:
Windows:
Basement:
Full, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle, Rubber
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Heating Zones:
5
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Off Street
Nearby Schools
School District
Somerville School District local
B-
School Safety
2024-25
2.5%
Average
1.4%
Suspensions
2.2%
In-School
1.1%
Emergency
3.0% below state avg
Elementary Schools
3 schools
A
John F Kennedy School
0.1 mi
|
#50 of 352
|
Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students
Diverse
Grades PK-08
St. Theresa of the Child Jesus School
0.4 mi
Grades PK-08
A+
Maria L. Baldwin School
0.4 mi
|
#55 of 824
|
Score: 62.0
Dropped 52 spots from last year
+3.8 above state avg
360 students
Diverse
Diverse Student Body
Grades PK-05
Middle Schools
3 schools
A
Rindge Avenue Upper School
0.7 mi
|
#67 of 352
|
Score: 54.3
Dropped 2 spots from last year
-3.9 below state avg
292 students
Diverse
Diverse Student Body
Grades 06-08
Allium Montessori School
0.8 mi
Grades 01-06
Next Wave Junior High School
1.0 mi
16 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
3 schools
F
Full Circle High School
1.0 mi
|
#344 of 346
|
Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students
Diverse
Rising School
Career Tech Programs
College Ready Curriculum
Diverse Student Body
Grades 09-12
B+
Somerville High School
1.0 mi
|
#131 of 346
|
Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students
Diverse
17 sports
• 1,566 athletes
Rising School
Career Tech Programs
Strong Athletics
Diverse Student Body
Grades 09-12
Curtis-Tufts School
1.1 mi
11 students
Diverse
Diverse Student Body
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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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
$1,407
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
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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.
Location
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Neighborhood
55 Elm St, Somerville MA 02144
Somerville, MA 02144
Listing Information
Listing Agent
David Lilley
Listing Office
RE/MAX Real Estate Center
Office Phone
617-576-3800
Agent MLS ID
BB301030
Office MLS ID
AN8908
Listing Data Updated
Jun 19, 2026 3:05 AM EDT
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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