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55 Elm St, Somerville MA 02144

Somerville, MA 02144
$3,900,000
Est. $21,327/month
0.09
Acres
1900
Year Built
40
Days on Market
Active Listed May 30, 2026 • MLS# 73527146 Copied! • Updated Jun 3, 2026

About this home

Your chance to be the Big Fish! 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
May 30, 2026
$3,900,000
Original listing
Agent: David Lilley Office: RE/MAX Real Estate Center

Tax History

Year Taxes Assessment
2025 $16,881

Financial Details

Annual Property Tax
$16,881
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1900
Lot Size 0.09 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Shingle, Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $16,881
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Middlesex

Property Overview

Listing Type
Commercial Sale
Year Built
1900

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

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

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Shingle, Rubber
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:
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
E

Elementary Schools

9 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
B+
Albert F. Argenziano School at Lincoln Park
1.1 mi | #134 of 352 | Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students Diverse
Rising School Diverse Student Body
Grades PK-08
C+
Arthur D Healey School
1.2 mi | #236 of 352 | Score: 37.5
Improved 27 spots from last year
-20.7 below state avg
482 students Diverse
Rising School Diverse Student Body
Grades PK-08
C-
Winter Hill Community School
1.4 mi | #287 of 352 | Score: 32.6
Dropped 15 spots from last year
-25.7 below state avg
388 students Diverse
Diverse Student Body
Grades PK-08
C+
East Somerville Community School
1.4 mi | #245 of 352 | Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students Diverse
Grades PK-08
A+
Benjamin G Brown School
0.6 mi | #78 of 824 | Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
0.9 mi
Grades PK-K
Capuano Early Childhood Center
1.5 mi
250 students Very Diverse
Diverse Student Body
Grades PK-01
M

Middle Schools

1 school
Next Wave Junior High School
1.0 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

2 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
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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
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.

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 3, 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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Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

BMN Boston Real Estate

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