237 Highland Ave. Somerville, MA ^$ 2,475,000

237 Highland Ave.

^$ 2,475,000

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Open House 6/21 12pm - 1:30pm

237 Highland Ave.

Somerville, MA, 02143

^$ 2,475,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 15,239

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Commercial Property for sale in Somerville, MA

for $2,475,000. This building was built in 1900 on a lot size of 0.08.

Offered for sale, 237 Highland Avenue presents a rare mixed-use investment opportunity in Somerville's desirable Spring Hill neighborhood, conveniently located close to Davis Square and Porter Square. The property comprises 8,176 square feet (gross area) and includes two street-level commercial storefronts (currently occupied by a nail salon and tailor) along with four residential units consisting of two one-bedroom apartments, one studio apartment, and one four-bedroom apartment. All residential units are leased through August 2027, providing stable income. The property benefits from a strong rent roll and a highly accessible location with convenient access to Route 93, Boston, Cambridge, and public transportation. A compelling opportunity for investors seeking a well-located, income-producing asset in one of Somerville's most sought-after neighborhoods. Group showings and OH Only. Thurs June 18: 12-1pm, Fri June 19: 12-1pm, OH Sat June 20: 12-1:30pm, Sun June 21: 12-1:30pm.

Open House

6/21/2026 12:00 PM - 1:30 PM

237 Highland Ave. Somerville, MA

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Commercial Active

Price

^$ 2,475,000

Property Type

Commercial

Taxes

^$ 12,575

Style

Lot Size

0.08

Year Built

1900

Town/City

Somerville

County/Region

Middlesex

MLS | Web ID

73536582

List By

Shane Marrion

Listing Agent

Benoit Real Estate Group ,Llc

Broker

Affordability Calculator

$16,287

Per Month

Monthly Principal & Interest: $15,239
Monthly Property Taxes: $1,048
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Commerical listings in Somerville, MA

Average List Price ^$1,428,044

Percent of Sale Price 42%

About Somerville, MA

81,036 Population

5% Since 2002

^$82,952 Median Income

36.55 Median Age

16% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
6/16/2026	$2,475,000		Listed Price

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237 Highland Ave., Somerville, MA, 02143 is a Commercial Property for sale at $2,475,000 with a lot size of 0.08. 237 Highland Ave. was built in 1900. The property's zip code is 02143 which is in Somerville, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 6/22/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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237 Highland Ave.

Commercial Property for sale in Somerville, MA

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