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4 Beds
3 Baths
2,426 sqft

$3,400,000

55 Elm St, Somerville MA, 02144

Price per sqft$1,401.48
Built in1900
Property size2,426 sqft
Property typeMulti-family

Overview

Active

Listed Jun 15, 2026

Updated 12 days ago

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.

$22,620/mo

Est. mortgage payment based on a $3,400,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73536182

Interior Features

Bedrooms
4
Bathrooms
3
Basement
Yes

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$16,881
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by David Lilley with RE/MAX Real Estate Center

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Data last updated 4:46 AM UTC, 9/4/2026

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