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$8,500,000
ACTIVE Status ⋅ 73552820 MLS
Presenting 501 Mystic Valley Parkway located in Somerville, Massachusetts. A proposed 0.92-acre site, for sixty-four (64) residential units. The existing building on the property has been recently demolished and due to recent changes to Somerville’s zoning code 501 Mystic Valley now allows for multi-family development. This presents a rare opportunity to achieve significant density in a high-barrier-to-entry neighborhood. Ideally situated in Somerville’s West Somerville neighborhood along Mystic Valley Parkway, the property boasts excellent access to local amenities, retail/shopping options, public transportation, major universities, and effortless access into or out of the city.

501 Mystic Valley Parkway, Somerville
$1,900,000
UNDER AGREEMENT Status ⋅ 73544198 MLS
Rare East Somerville Development Opportunity. A hard-to-find offering with exceptional redevelopment potential. This unique two-building, tear down two-parcel package at 43 & 45 Cross Street presents outstanding possibilities for residential, commercial, or mixed-use development, making it an ideal investment for builders, developers and investors. The property includes 10 dedicated parking spaces and offers flexibility for future expansion or redevelopment, with excellent potential for condominium development. Under current Somerville zoning, projects may allow units with or without parking, subject to approvals and buyer's due diligence. Perfectly positioned close to both the MBTA Orange and Green Line trains and minutes to I-93, Assembly Row, Union Square, and Downtown Boston, this prime location offers outstanding accessibility and lasting value. This is an estate sale subject to court approval. Buyer Agent/Buyers to perform all due diligence.

43-45 Cross Street, Somerville
$1,599,999
UNDER AGREEMENT Status ⋅ 73467482 MLS
Transit-oriented luxury multifamily development opportunity ideally located adjacent to the recently improved Junction Park. The proposed development will benefit from unobstructed park views on a corner location at Woodbine and Centre Street.The current owner is in the process of expanding the lot to approximately 4,860 square feet, with final land consolidation expected to be approved in February. Architectural plans and renderings have been prepared for a thoughtfully designed four-unit project consisting of a three-unit primary building and a detached rear cottage. The proposed design leverages the existing two-family structure, significantly reducing construction costs and development risk while maximizing density and end value. A compelling opportunity for developers seeking a plan-ready, transit-oriented project in a high-demand Somerville location.

1-3 Woodbine Street, Somerville
$749,900
ACTIVE Status ⋅ 73444213 MLS
Excellent development opportunity in Somerville, just 0.3 miles from East Somerville Green Line Station, on the bike path and great proximity to East Cambridge and downtown Boston. Located on the edge of the rapidly growing Inner Belt neighborhood, this ZBA-approved 3-unit condo project is ideal for developers or end users looking to create a community and build equity. The first floor unit features 4 beds and 2 baths (2843 SF); the middle unit offers 3 beds and 2 baths (1383 SF); and the penthouse unit includes 3 beds, 2.5 baths, and a roof deck (1590 SF including roof deck. The project comes with all site and architectural plans which are approved by the ZBA and is awaiting traffic plan analysis for final special building permit approval. Seller open to offers subject to building permit approval. Full package available upon request.

142 Cross St, Somerville
$3,450,000
UNDER AGREEMENT Status ⋅ 73330378 MLS
Fortune RE is pleased to offer 32-40 White Street - an opportunity to acquire an 8,315 square foot MR4-zoned development site located in the heart of Porter Square. This site comprises two adjacent parcels within Somerville’s ¼ transit zone, situated next to the Porter Square Galleria Mall and just 400 feet from the Porter Square MBTA Station. Currently, the site includes a single-story commercial building and a single-family home. 32-40 White Street represents a unique opportunity to acquire one of the few preeminent development sites in this prime transit-oriented location.

32-40 White Street, Somerville

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