Investment Overview
Presenting 371 Highland Avenue - LOCATION, LOCATION, LOCATION...a fully approved development site in Davis Square, Somerville. This 30,050 GSF project, approved for 23 units and 13 below-grade parking spaces, is ready for immediate construction. All necessary permits are secured, demolition is complete, and the site has a clean 21E. Comprehensive construction plans are available for your review. Located steps from the Vibrant Davis Square MBTA station (Green and Red lines), this property offers excellent access to nearby colleges, restaurants, shops, and nightlife. It presents a prime opportunity to develop either condominiums or rental properties, addressing the strong housing demand in this highly sought-after area.
Investment Highlights
- 23 units
- Zoned Commercial/Residential
- Prime Somerville location
- Highland Avenue address
- Ideal for office or residential use
- Versatile investment opportunity
- Strong potential for rental income
- Desirable mixed-use zoning
- Attractive unit mix
- Excellent investment for Land/Office investors