1 Washington Street

1 Washington Street, Somerville, MA 02143

  • For Sale $1,449,500
  • Property Type Multi-Family
  • Property Size 2,970 SF
  • Units 2
  • Lot Size 0.08 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated May 22, 2024
Somerville Massachusetts, nestled adjacent to the city of Boston and world-renowned Cambridge Massachusetts, has been poised as the next Life Science Hub in the Greater Boston Market. With prominent locations such as Union Square, Boynton Yards, Assembly Row, Kendall Square, Cambridge Crossing, and Hood Business Park, there is no better location for young professionals to reside. East Somerville hosts a diverse range of property types, primarily comprising multifamily and retail spaces. However, the demand for laboratory spaces has extended into the area, as evidenced by a fully entitled 78,000 square foot lab development directly across the street from 1 Washington Street. The property is conveniently located less than one mile from Union Square, with convenient access to Boston via the Sullivan Square and East Somerville train stations, offering residents access to numerous employment opportunities in the vicinity.Boston Realty Advisors is pleased to present 1 Washington Street in Somerville, Massachusetts. This property showcases a 2,025 square foot duplex situated on a 3,485 square foot lot. Comprising a 2-bedroom lower unit and a 4-bedroom upper unit, the property is fully leased to high-quality tenants. It offers potential for value addition and the opportunity to elevate rents to market rates. Additionally, the property is zoned MR-4, allowing for a 4-Story mixed-use development as of right. 1 Washington Street presents an exceptional opportunity for end-users or developers seeking a transit-oriented covered land play for future development. The property is offered for sale at $1,449,500. We will be sharing the details of the site and zoning information upon request.

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Attachments

Highlights

  • Value-Add Opportunity
  • Primed for Owner Occupiers
  • 6 Private Off Street Parking Spaces
  • Development Potential by Right
  • Covered Land Play Opportunity

Contacts

broker

Daniel Alper

Boston Realty Advisors

(617) 768-7333

Location

Getting Around

  • Walk Score ®

    88/100 Very Walkable

  • Transit Score ®

    88/100 Excellent Transit

  • Bike Score ®

    91/100 Biker's Paradise
Powered by Walk Score ®
  • City Somerville, MA
  • Neighborhood East Somerville
  • Zip Code 02143
  • Market Boston

Points of Interest

  • Sullivan Square

    0.24 miles

  • Union Square

    0.75 miles

  • Community College

    0.83 miles

  • Kendall/MIT

    1.40 miles

  • North Station

    1.64 miles

  • Park Street

    2.02 miles

  • Harvard Square

    2.03 miles

  • Green Line (Inbound) | Red Line (All Trains)

    2.04 miles

  • Elevator to Harvard MBTA station

    2.12 miles

  • Downtown Crossing

    2.13 miles

  • Speedway

    0.06 miles

  • ChargePoint

    0.30 miles

  • Pearl Street Auto Sales

    0.59 miles

  • Shell

    0.61 miles

  • Gulf

    0.61 miles

  • Tesla Supercharging Station

    0.63 miles

  • Speedway

    0.65 miles

  • Sunoco

    0.76 miles

  • Shell

    0.91 miles

  • Mobil

    0.93 miles

  • Draw Seven Parking Lot

    0.86 miles

  • Artisan East Garage

    0.88 miles

  • Great River Garage

    0.90 miles

  • First Street Garage

    0.93 miles

  • Museum of Science Parking Garage

    1.07 miles

  • One Kendall Square Garage

    1.09 miles

  • Lower Broadway Community Lot

    1.12 miles

  • S&S Restarant parking

    1.14 miles

  • S&S parking

    1.15 miles

  • TNC Waiting Lot

    1.21 miles

  • Holiday Inn

    0.08 miles

  • Holiday Inn Express Hotel & Suites

    0.62 miles

  • Fairfield Inn and Suites

    0.65 miles

  • Hampton Inn Boston/Cambridge

    0.70 miles

  • The Row Hotel at Assembly Row

    0.79 miles

  • La Quinta

    0.85 miles

  • Hotel Marlowe

    1.04 miles

  • Encore Boston Harbor Hotel

    1.06 miles

  • Royal Sonesta Boston

    1.12 miles

  • The Amory Guest House

    1.29 miles

  • Royal

    0.06 miles

  • Doughnut & Doughnuts

    0.26 miles

  • Taco Loco

    0.29 miles

  • Mount Vernon Restaurant & Pub

    0.29 miles

  • Los Paisanos

    0.30 miles

  • Buddy's Diner

    0.31 miles

  • Oliveira's

    0.32 miles

  • Friends Pizza

    0.44 miles

  • Peruvian Taste

    0.46 miles

  • Lotus Xpress

    0.52 miles

  • Mudflat Pottery School

    0.36 miles

  • East Somerville Community School

    0.39 miles

  • Cambridge College

    0.43 miles

  • Next Wave Junior High School

    0.47 miles

  • Full Circle High School

    0.49 miles

  • Charles R Edwards Middle School

    0.73 miles

  • Bunker Hill Community College

    0.73 miles

  • Somerville High School

    0.81 miles

  • Prospect Hill Academy Charter School

    0.83 miles

  • Baxter School

    0.84 miles

  • Michael E. Capuano Early Childhood Center

    0.27 miles

  • Jack Hamilton Center

    0.72 miles

  • The Learning Center

    0.77 miles

  • Elizabeth Peabody House

    0.84 miles

  • Cambridge Preschool of the Arts

    0.99 miles

  • Kiddie Academy

    1.12 miles

  • The Learning Circle

    1.14 miles

  • Rock & Roll Daycare

    1.34 miles

  • Tree House Academy

    1.36 miles

  • Agassiz Preschool

    1.43 miles

Frequently Asked Questions

How much does 1 Washington Street cost?

The space currently listed for sale at 1 Washington Street asks for $1,449,500.

What is the total square footage of 1 Washington Street?

1 Washington Street totals 2,970 square feet.

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Contact Listing Broker

broker

Daniel Alper

Boston Realty Advisors

(617) 768-7333