Description
Fortune RE is pleased to offer 32-40 White Street – an opportunity to acquire an 8,315 square foot MR4-zoned development site located in the heart of Porter Square. This site comprises two adjacent parcels within Somerville’s ¼ transit zone, situated next to the Porter Square Galleria Mall and just 400 feet from the Porter Square MBTA Station. Currently, the site includes a single-story commercial building and a single-family home. 32-40 White Street represents a unique opportunity to acquire one of the few preeminent development sites in this prime transit-oriented location.
Address: 32-40 White Street, Somerville MA 02144
City: Somerville
State/County: Middlesex
Zip: 02144
Country: US
Property Id: 493873
Price: $ 3,450,000
Property Lot Size: 0 ft2
BuildingAreaUnits: Square Feet
BuyerAgencyCompensation: 2
BuyerAgencyCompensationType: %
CommunityFeatures: Public Transportation,Shopping,Park,Medical Facility,Bike Path,House of Worship,Public School,T-Station,University
Directions: Corner of White Street and White Street Place
ExpirationDate: 1900-01-01
FarmLandAreaUnits: Square Feet
IDXParticipationYN: 1
ListAgentMlsId: CN233739
ListOfficeMlsId: AN5321
ListingAgreement: Exclusive Right To Sell
LotSizeUnits: Acres
Electric: On-Site
MLSPIN_COMP_BASED_ON: Gross/Full Sale Price
Gas: On-Site
MLSPIN_DISCLOSURE: N
MLSPIN_DPR_Flag: No
MLSPIN_ENTERED_BY: CN233739
MLSPIN_LISTING_ALERT: No
MLSPIN_MAIN_LO: AN5321
ListingContractDate: 2025-01-29
MLSPIN_MARKET_TIME: 31
ListingId: 73330378
MLSPIN_MARKET_TIME_BROKER: 31
MLSPIN_MARKET_TIME_PROPERTY: 31
LotFeatures: Level
LotSizeArea: 0.19
LotSizeSquareFeet: 8315
MLSPIN_OFFLINE_LIST_NO: 3857733
MLSPIN_PAGE: 1
MLSPIN_TEAM_MEMBER: CN233739
MlsStatus: Active
OriginalListPrice: 3900000
OriginatingSystemID: mlspin
OriginatingSystemKey: mlspin
OriginatingSystemName: MLS Property Information Network
PhotosCount: 4
RoadFrontageType: Public
Sewer: On-Site
ShowingInstructions: Call List Agent,Email List Agent,Email Listing Agent
StateOrProvince: MA
StreetName: White Street
StreetNumber: 32-40
StreetNumberNumeric: 32
TaxAnnualAmount: 27796.95
TaxAssessedValue: 1922400
TaxBookNumber: 1
TaxYear: 2025
WaterSource: On-Site
Zoning: MR4
Office Name: fortune re
Member Name: julian lewis
Other Features
Electrical Utility Available
$ 17,688.83
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 13,376.33
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