238 Washington Street, 269 Somerville Ave, 273 Somerville Ave & Rear Somerville Ave, Somerville, MA 02140

Boston Realty Advisors is pleased to present a Qualified Opportunity Zone development site consisting of 17,424 square feet, located in the heart of Union Square.

This four-parcel assemblage sits at the gateway to a neighborhood undergoing one of the most significant mixeduse transformations in Greater Boston known as USQ. Once fully developed, this multiphase masterplan will consist of 3.8 million square feet of development. Today, over 450 new apartments and 205,000 square feet of Class A life science has been delivered along with a public plaza connecting the new, MBTA Green Line Station to a 271-space parking garage.

Located at the intersection of Washington Street and Somerville Ave, steps from the Green Line and USQ, the site falls within the CC5 zone, which offers a maximum density of five stories. Allowed uses include retail, commercial, or hotel with a special permit up. With its established restaurant retail scene, proximity to Kendall Square and Downtown Boston, and a long runway of institutional-scale development still to come, this is one of the most compelling boutique development sites in Greater Boston.

The property addresses are 238 Washington Street, 269 Somerville Ave, 273 Somerville Ave & Rear Somerville Ave.