Somerville, MA 02145 176-182 Broadway
$2,999,900



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Home Details
DEVELOPABLE FIVE STORY MIXED USE DEVELOPMENT PROJECT. SELLER WILL NOT WAIT FOR BUYER TO RECEIVE PROJECT APPROVALS. Possible buildout w/ TYPICAL CONSTRUCTION WILL ALLOW UP TO 28 UNITS and approx 31,970 gross sq ft of building and approx 1,125 average per unit size OR building as a NET ZERO BUILDING...YOU CAN PUT UP TO 37 MAXIMUM UNITS with approx 577 sq ft more or lessIncludes 2 parcels w/ over 11,000 sq ft of land, being sold as a package. ZONED MR5. Addtnl COMMERCIAL SPACE OF UP TO 5000 SQ FT is allowed. One parking space required per unit...there is enough for up to 23 spaces on site. Specital permit for relief regarding parking needed to achieve maximum number of units. Affordable requirement for City of Somerville is 20%. GREAT LOCATION rated a WALKER'S PARADISE SCORE OF 95. Insanely convenient...UNDER A MILE TO GREEN AND ORANGE LINE SUBWAY STOPS!
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Interior Features for 176-182 Broadway
Bedrooms
Total Bedrooms99
Bathrooms
Half Baths99
Total Baths198
Other Interior Features
LivingAreaSourceOther
Above Grade Finished Area0
Fireplace Y/NNo
Total Fireplaces
Total Stories5
General for 176-182 Broadway
Building Area UnitsSquare Feet
Certified TreatedUnknown
CitySomerville
Community FeaturesPublic Transportation, Shopping, Highway Access, House of Worship, Public School, T-Station
Construction MaterialsFrame, Brick
ContingencyPending P&S
CountyMiddlesex
DirectionsOn Broadway from Assembly Sq/ Sullivan Sq towards Winter Hill...property is on the left before McGra
DisclosuresBoth properties vacant. Seller does not warrant operability of any utilities. Zoned MR5. Broker does not assume accuracy for ANY information expressed herein. Buyers need to do their own due dilige
Full Baths99
Garage Spaces
Garage Y/NNo
Home Warranty Y/NNo
Levels5
Lot Size Square Feet11778
Lot Size UnitsAcres
Number Of Units Total5
Property Subtype5+ Family - 5+ Units Up/Down
Property TypeResidential Income
Senior Community Y/NNo
SewerPublic Sewer
Showing InstructionsCall List Office, Accompanied Showings, Appointment Required
Standard StatusActive Under Contract
StatusContingent
Stories Count5
Tax Annual Amount11579
Tax Assessed Value1772400
Tax Year2022
Total Actual Rent0
Total Rooms99
Year Built1967
Year Built DetailsApproximate
Year Built SourcePublic Records
ZoningMR5
Exterior for 176-182 Broadway
Building Area Total
Covered Spaces
Foundation DetailsStone
Lot Size Acres0.27
Lot Size Area0.27
Parking FeaturesPaved Drive, Off Street
Road Frontage TypePublic
SpaNo
Total Parking20
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Grounded Relo
Relocation Director