
Premier Mixed-Use Development Opportunity
Premier Mixed-Use Development Opportunity
Marketing description
PRIME MIXED-USE DEVELOPMENT OPPORTUNITY! 660 Broadway (AKA 151 Boston Avenue) in Ball Square, Somerville. This landmark location sits a mere 200-feet from the NEW Ball Square Green Line Station offering a direct 15 minute ride to Boston's North Station and 2-minute ride to the new Tufts University Station.
Sound exciting? It will be! Residents of 660 Broadway can simply walk outside and enjoy the numerous restaurants, cafes, and shops of up-and-coming Ball Square! Take a short stroll to Tufts University campus, Powder House Square, Davis Square (Red Line), or hop on the Broadway bus line to Sullivan Square or abundant shopping and restaurants at Assembly Row. The location is only 3-miles to Boston, and even closer to Charlestown!
The parcel at 660 Broadway is currently zoned as MR4 (Mixed Residential 4-story) by right, and with a pending and City-recommended zoning change there is potential to build up to 6-stories. A local architect has drafted designs for both 4-story and 6-story mixed-use buildings, having commercial on the first floor and residential units on the upper floors, with a range of 18-24 residential units depending on the number of stories. Currently, a two-story, app. 7,500 sqft office building occupies the lot.
Interested parties/end-users/developers please contact Anthony Salerno at 978.828.7642 ([email protected]) for further details about the parcel opportunity and restrictions.
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