Property History
Property Type
Property Type
Property Subtype
Asking Details
Asking Price
Marketing Description
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
Property Type
Property Type
Property Subtype
Marketing Description
371 Highland Ave is a fully permitted and approved 23-unit development opportunity situated in the heart of Davis Square, featuring 13 below-grade parking spaces. The full Construction Document set is available. This mid-rise building encompasses 30,050 gross square feet. The existing building has been demolished and is ready for construction to begin immediately. 371 Highland Ave is strategically placed adjacent to the Davis Square MBTA stop, meeting the growing demand for premium living spaces in this vibrant area. Great opportunity to develop and sell as condos or develop and add a blue-chip rental property to your portfolio.
Investment Highlights
Incredible opportunity to build 23 units to sell as condos or retain ownership as a blue chip asset.
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Zoning
MR4 MixedMixed UseMid Rise 4
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View all 96 uses
View all 96 uses Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics
Property Details
Contacts
Listing removed on
BY: Chris Kostopoulos
LIC: 9510116
•••.•••.0282
•hris@•••••••••.com
Map
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Rental Market Overview
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