1 / 30$3,900,000
Active55 Elm St
Somerville, MA 02144
Listed by David Lilley at RE/MAX Real Estate Center
Listing courtesy of David Lilley, RE/MAX Real Estate Center
Location
Open in MapsAbout This Property
Rare mixed-use opportunity at one of Somerville's most recognizable corners, across from the Porter Square Shopping Center and T Stop. Formerly home to the beloved and iconic Big Fish Little Fish store, this highly visible location has been a destination for generations of local residents. The property consists of a 6,290 SF mixed-use building featuring two commercial storefronts, a three-unit multifamily residence (two 1-bedroom units and one 2-bedroom unit), a driveway and yard. The commercial spaces include back rooms and basement storage, with the potential to combine both storefronts into a single larger space. The property offers exceptional redevelopment and investment potential. Ideal for condominiums, multifamily housing, and mixed-use development. Being delivered vacant, this transit-oriented site (also sees lots of foot traffic) provides unmatched accessibility to Cambridge, Boston, and surrounding communities.
Property Details
Key Facts
Property Type
Multi Family
Year Built
1900
Living Area
2,426 sqft
Lot Size
4,043 sqft
Construction
Basement
Full Basement
Parking Spaces
2
Financial
Taxes (2025)
$16,881/yr
Price / Sqft
$1,608/sqft
MLS #
73536182
Days on Market
24
Sarina Steinmetz
617.610.0207Price History
Listed
Jun 15, 2026
$3,900,000
No price changes recorded.
Explore the Neighborhood
Schools, market data, and local highlights
View Walk Score & Transit Score →Schools Nearby
Somerville Public Schools
11 schools · 11:1 student-teacher ratio
Elementary Schools
High Schools
Ratings from GreatSchools & Niche
Full school details →Listing information provided by MLS Property Information Network, Inc. (MLS PIN). Data last updated July 8, 2026. Information deemed reliable but not guaranteed. © 2026 Steinmetz Real Estate Professionals at William Raveis Real Estate. Equal Housing Opportunity.