Somerville MA Real Estate & Land For Sale

Large single family home in Spring Hill in need of updating, or demolish and build new. Turn it into a special family home, or develop into two separate units. Oversized lot in a lovely neighborhood smack dab in the middle of the city. Nestled on a leafy side-street, right around the corner from the Somerville Community Path. Half a mile from Magoun Square and Gilman Square Green Line T stations, one mile from the Union Square Green Line T station. The Red Line T stations at Davis Square and Porter Square are also just a mile away. Oversized lot with surrounding yard and a two-car detached garage. In May 2024, the property will be cleared from an 18-month demolition delay which was imposed by the Somerville Historic Commission.OFFERS WILL BE REVIEWED BY THE SELLER ON MONDAY MAY 6 AT 12:00.

The Ropewalk is a 69-unit multi-family development in the heart of Union Square, adjacent to the newly opened MBTA Station. The arrival of the Green Line Transit Station has precipitated a rapid transformation of the Square. The Square's $2 billion, 3.8 million SF master-planned development, coined USQ spans 20 acres and includes 2.4M SF of lab and innovation space,150,000 SF of retail and restaurant space, and 4.7 acres of vibrant open spaces. Phase I was delivered by Magellan Development in Q3 2023 with future phases set to break ground in 2024. Boynton Yards and Somerville Gateway which border Union Square to the east and south are complimentary master-planned developments adding a combined 4.1 million SF state-of-the-art life sciences/biotech, hotel, and retail spaces to the broader neighborhood. The project is in a qualified OZ and has been permitted as a Passive House project; set to achieve the highest level of sustainability. Approvals allow for either apartments or condos.

The Lumina is a fully permitted and approved 40-unit development opportunity located in the heart of Union Square, Somerville, Massachusetts. This mid-rise building, encompassing 35,971 gross square feet with 28,949 net rentable square feet, is ready for construction to commence. It boasts a building permit, an open MWRA permit, and an available demolition permit. Approved for four stories, The Lumina is strategically placed adjacent to the new Union Square MBTA stop, meeting the growing demand for premium living spaces in this vibrant area.