$740,000
$799,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
1,927 SqFt
SOLD DATE : 03/13/2024
Key Details
Sold Price $740,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,927 sqft
Price per Sqft $384
MLS Listing ID 73168982
Sold Date 03/13/24
Year Built 1913
Annual Tax Amount $12,702
Tax Year 2023
Property Description
NEW PRICE!! Inside the former American Tube Works founded in the late 19th century, a three-story, mixed-use brick building, sits a finished office/retail/commercial space, newly renovated in 2019. This 1927 SF loft-style condo with its central, double-height studio space can be re-imagined as base for a start-up venture, an art gallery, or studio. Current building tenants include a yoga studio, woodworking shop, and jeweler, plus an architectural office. The condo retains its original character with brick walks, integrated with modern updates, such as new oak flooring, reception area and loft office. Deeded tandem parking is conveniently located behind the building with direct access via exterior stairs. With proximity to I-93, Route 28, MBTA bus and subway transit, including the Green Line Extension, which uniquely incorporates greenways with MBTA transit, the location offers an attractive live-work-play investment opportunity in a vibrant, expanding area of Somerville.
Location
State MA
County Middlesex
Area Spring Hill
Zoning 4050
Direction Somerville Ave at School Street. Next to Market Basket
Exterior
Utilities Available Public Water, Public Sewer
Roof Type Rubber
Total Parking Spaces 2
Others
Senior Community false
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Bought with Jack Lavanchy • Cabot & Company