55 Elm St, Somerville MA 02144

Somerville, MA 02144

$2.95M

· 0.09 ac · Built 1900

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The residence

Your chance to be the Big Fish! 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.

At a glance

Property type: Commercial Sale
Status: Active
Year built: 1900
Lot size: 0.09 acres
MLS#: 93f997790b1fdfaeffd8de15873c0146
Beds · Baths: 0 · 0

Location

Somerville, MA.

Somerville sits within Greater Boston, in Massachusetts, and keeps the character of that stretch of the map — its streets, shoreline and architecture read as of a piece with the towns around it. Our advisors know the market here street by street and can speak to how a particular address sits within it.

Estimated Monthly Payment+

$14K/mo

Approximate · principal & interest only

Down payment · 25%Interest rate · 6.75%Term · 30 years

Display Currency

$2.95M

Indicative conversion — settlement always in USD.

Private Showing

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Listing courtesy of RE/MAX Real Estate Center · MLSPIN

MLS Property Information Network.The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Listings updated Oct 22, 2026

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