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125 Highland Ave

17,960 SF Speciality Building Offered at £2,347,349 in Somerville, MA 02143

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Investment Highlights

Minutes from Green Line MBTA Train.
Multiple congregation areas - Dining facility.

Opportunity to expand in the rear of building.
Next to The Friend Smithsonian Museum.

Executive Summary

A rare opportunity to purchase a Historic Church with expansion possibilities in Somerville, Massachusetts. This property is formerly known as the the First Universalist Church and current home of King Solomon’s Lodge A.F. & A.M. It's location is 3 miles from Boston Proper and conveniently within blocks (.4mi) of the Gilman Square Green line extension stop as well as several MBTA bus routes.
In addition to the ease of access to Boston, the property is less than a mile from Union Square which is one of the largest redevelopment projects in Greater Boston and includes 2.4mil sq ft of new transit oriented development.
With several million square feet new mixed use developments within a 2 miles of this address, the need to revitalize this parcel has come. Residential, Commercial, and Institutional uses can all benefit from this address.
Building is deemed Historic.
*****Zoned Urban Residential

Property Facts

Price	£2,347,349	Building Class	C
Price Per SF	£131	Lot Size	0.41 AC
Sale Type	Investment or Owner User	Building Size	17,960 SF
Sale Conditions	Design & Build Deferred Maintenance Development Sale	Number of Floors	3
Property Type	Speciality	Year Built	1920
Property Subtype	Religious Facility	Parking Ratio	0.56/1,000 SF

Price	£2,347,349
Price Per SF	£131
Sale Type	Investment or Owner User
Sale Conditions	Design & Build Deferred Maintenance Development Sale
Property Type	Speciality
Property Subtype	Religious Facility
Building Class	C
Lot Size	0.41 AC
Building Size	17,960 SF
Number of Floors	3
Year Built	1920
Parking Ratio	0.56/1,000 SF

Amenities

Bus Route

Public Transport

PROPERTY TAXES

Parcel Number	SOME-000050-F000000-000031	Improvements Assessment	£1,506,920
Land Assessment	£585,116	Total Assessment	£2,092,037

PROPERTY TAXES

Parcel Number

SOME-000050-F000000-000031

Land Assessment

£585,116

Improvements Assessment

£1,506,920

Total Assessment

£2,092,037

zoning

Zoning Code	RC (allows for single-family and multi-family homes, along with some neighborhood-oriented commercial uses.)
RC (allows for single-family and multi-family homes, along with some neighborhood-oriented commercial uses.)