$2,700,000
About this home
Presenting a prime opportunity for retail investors and developers., 1167 Broadway in Somerville, MA offers a 9,358 SF, five-unit commercial building with immense potential. Built in 1910 (Public records), this property features 40% occupancy, providing immediate income and significant room for growth. Boasting 4,628 SF of street-level space suitable for retail or office use. Situated on a 4,910 sq ft lot and MR4 zoning it also holds promise for redevelopment, presenting a compelling chance for potential NOI growth. With its strategic positioning in the Somerville area, this property is an enticing prospect for investors seeking a lucrative addition to their commercial real estate portfolio. Situated in the Tufts-Teele Sq and Davis Sq triangle This bustling area is a magnet for retail investors and developers, with a diverse mix of local businesses, trendy restaurants, and boutique shops contributing to the dynamic commercial landscape. ,The location offers unparalleled access to Educational, cultural attractions and entertainment hotspots, making it an ideal investment opportunity. With its prime positioning and strong community appeal, 1167 Broadway presents an exciting prospect for investors seeking to tap into this coveted area. Its current zoning of MR4 allows for vertical mixed-use development which is in large demand and encouraged in this area.
Property details
- MLS #
- 73567686
- Property type
- Commercial Sale
- Subdivision
- N/A
- Status
- Active
- Days on market
- 2
- On market date
- August 25, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.11 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 371
- Student:teacher ratio
- 13.7:1
- District
- Somerville
- Enrollment
- 262
- Student:teacher ratio
- 8.2:1
- District
- Cambridge
- Enrollment
- 12
- Student:teacher ratio
- 4.0:1
- District
- Medford
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.