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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.

More Info

Basic Information

  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number M:31 B:A L:11A,4271696

Tax Information

  • Tax Assessed Value $1,547,300
  • Tax Year 2025
  • Taxes$16,881

Parking

  • Parking Features Off Street
  • Parking Spaces2

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms4
  • Full Bath3

Basic Information

  • List Price$3,900,000
  • MLS Number73536182
  • Modification Date06/15/2026
  • Property SubType3 Family

Location

  • Address55 Elm Street
  • Building Number55
  • CountyMiddlesex
  • StateMA
  • StreetElm Street
  • TownSomerville
  • Zip02144

Building

  • BasementFull, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 3
  • Rooms11
  • Stories3
  • Units3
  • Utilities For Gas Range
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.09

Interior

  • Flooring Vinyl, Hardwood

Exterior

  • RoofShingle, Rubber

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,426
  • Lot Size Square Feet 4,043
  • Lot Size Units Acres
  • Square Feet2,426

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
  • Other AmenitiesBasement

Legal

  • ZoningNR

Other

  • Date Listed06/15/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by David Lilley of RE/MAX Real Estate Center

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