57 Central St, Somerville, MA 02143
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$1,888,888
Type: Commercial
Other (See Remarks)
6653 Bldg. SQFT
N/A Restrooms
Parking: N/A

Property Description

This is the Somerville arts studio building. This opportunity cannot be missed! SASB offers huge potential for developers, builders, and investors looking to create a high-value mixed-use, residential, or commercial project. Featuring industrial charm, high ceilings, and expansive layouts, the property is primed for luxury loft conversions, creative office spaces, boutique condos, or a live/work community. With NR zoning and prime location near Union Square, Porter Square, and Assembly Row, this site is ideal for adaptive reuse or full-scale redevelopment. Builders can transform the space into modern apartments, co-working hubs, or a mixed-use destination, catering to Somerville’s growing demand for innovative real estate. Positioned in a booming real estate market, this property presents a rare chance to blend historic character with contemporary design and capitalize on rapid appreciation. Don't miss the opportunity to develop one of Somerville’s most unique properties.

Property Details tap to expand

Property Information

  • Type: Commercial
  • Location: Other (See Remarks)
  • MLS ID#: 73331934

Financial

  • Gross Annual Income: 94620
  • Lease Type: Other (See Remarks)

Building Information

  • Total SQFT: 6653

Construction & Utilities

  • Utilities: Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
02/03/2025New$1,888,888$284MLSPIN

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Seller's Representative: Charles Santiago, eXp Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-02-04 09:50:00

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