55 Elm St, Somerville MA 02144

Somerville, MA 02144

$3,900,000

Est. $21,327/month

Beds

Baths

2,426

Sq Ft

$1,608

Price/Sq Ft

0.09

Acres

1900

Year Built

3 Family

Type

9 hours 58 minutes

Time on Market

Active Listed Jun 15, 2026 • MLS# 73536182 Copied!

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.

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Property Overview

Property Type

3 Family

Listing Type

For Sale

Year Built

1900

Bedrooms

Full Bathrooms

Living Area

2,426 sq ft

Total Rooms

Stories

Levels

Facts & Features

Home Facts

Type Residential Income

Style 3 Family

Year Built 1900

Living Area 2,426 sq ft

Lot Size 0.09 acres

Bedrooms 4

Full Baths 3

Total Rooms 11

Interior

Heating None

Cooling None

Flooring Vinyl, Hardwood

Appliances None

Fireplace None

Basement Full, Unfinished

Laundry None

Features None

Exterior

Construction Frame

Architecture None

Roof Shingle, Rubber

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features Off Street

Total Spaces 2

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range

Financial

Annual Tax $16,881

Assessed Value $1,547,300

Interior Features

Flooring: Vinyl, Hardwood

Appliances:

Interior Features:

Windows:

Basement: Full, Unfinished

Laundry:

Security:

Construction & Materials

Year Built: 1900

Structure Type:

Exterior Materials: Frame

Roof: Shingle, Rubber

Foundation: Stone

Stories: 3

Heating, Cooling & Utilities

Heating:

Heating Zones: 5

Cooling:

Hot Water: Natural Gas

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features: Corner Lot

Road Surface:

Parking & Garage

Total Parking Spaces: 2

Parking Features: Off Street

Location

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Neighborhood

55 Elm St, Somerville MA 02144

Somerville, MA 02144

Walkability

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Nearby Schools

School District

Somerville School District local

B-

✓ School Safety 2024-25

2.5% Average

1.4% Suspensions 2.2% In-School 1.1% Emergency

↓ 3.0% below state avg

Elementary Schools

3 schools

John F Kennedy School

0.1 mi | #50 of 352 | Score: 56.7

Improved 5 spots from last year

-1.5 below state avg

439 students Diverse

Grades PK-08

St. Theresa of the Child Jesus School

0.4 mi

Grades PK-08

A+

Maria L. Baldwin School

0.4 mi | #55 of 824 | Score: 62.0

Dropped 52 spots from last year

+3.8 above state avg

360 students Diverse

Diverse Student Body

Grades PK-05

Middle Schools

3 schools

Rindge Avenue Upper School

0.7 mi | #67 of 352 | Score: 54.3

Dropped 2 spots from last year

-3.9 below state avg

292 students Diverse

Diverse Student Body

Grades 06-08

Allium Montessori School

0.8 mi

Grades 01-06

Next Wave Junior High School

1.0 mi

16 students Diverse

Diverse Student Body

Grades 06-08

High Schools

3 schools

Full Circle High School

1.0 mi | #344 of 346 | Score: 17.3

Improved 22 spots from last year

-40.9 below state avg

67 students Diverse

Rising School Career Tech Programs College Ready Curriculum Diverse Student Body

Grades 09-12

B+

Somerville High School

1.0 mi | #131 of 346 | Score: 57.1

Improved 111 spots from last year

-1.1 below state avg

1,394 students Diverse

17 sports • 1,566 athletes

Rising School Career Tech Programs Strong Athletics Diverse Student Body

Grades 09-12

Curtis-Tufts School

1.1 mi

11 students Diverse

Diverse Student Body

Grades 09-12

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Property Tax $1,407

Homeowners Insurance $200

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Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

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Property History

Property Timeline

🏠

Listed for Sale

Jun 15, 2026

$3,900,000

Original listing

Agent: David Lilley Office: RE/MAX Real Estate Center

Date	Event	Price	Change	$/sqft	Details
06/15/2026	🏠 Listed for Sale	$3,900,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Jun 15, 2026	New Listing Added	$3,900,000	—
Jun 3, 2026	Sold	$3,900,000	—

Market Statistics

Time on Market

9 hours 58 minutes

Price per Sq Ft

$1,608

Tax History

Year	Taxes	Assessment
2025	$16,881	$1,547,300

Financial Details

Annual Property Tax

$16,881

Tax Year 2025

Assessed Value

$1,547,300

Listing Information

Listing Agent David Lilley

Listing Office RE/MAX Real Estate Center

Agent MLS ID BB301030

Office MLS ID AN8908

Listing Data Updated Jun 15, 2026 3:08 PM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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55 Elm St, Somerville MA 02144

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

High Schools

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