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Active

55 Elm St

Somerville, MA 02144

Offered at$3,400,000

Residential Income · Active · MLS #73536182
Listing Courtesy of RE/MAX Destiny | David Lilley

4Bedrooms
3Bathrooms
2,426Square feet
1900Year built

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MLS PIN data

About this home

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 information

Details at a glance

Interior

Rooms
11
Flooring
Vinyl, Hardwood

Building

Style
3 Family
Year built
1900
Parking
2
Foundation
Stone
Roof
Shingle, Rubber

Land & utilities

Lot size
0.09 acres
Water
Public
Sewer
Public Sewer
Zoning
NR

Financial

Annual taxes
$16,881
Assessment year
2025

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Property value estimate

An informed starting point

Estimated value$3,725,229

Estimated range $3,390,425$4,060,033

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Photo insights

Condition signals

Overall presentationbelow average

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Somerville

MetricThis propertySomerville
List price$3,400,000$1,599,000113% above local
Price / sq ft$1,401$506177% above local
Days on market806523% above local
Explore homes in Somerville

Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

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Common questions

About 55 Elm St

Can I schedule a private showing?

Yes. Request a tour of 55 Elm St and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.