199 Elm Street, Somerville, MA

199 Elm St presents a fully approved 4 story, 8 - 10 unit mixed use development, including 20% affordable housing and 13,653 SF of gross floor area. The project features a first floor retail space with a full basement, offering strong potential for both residential and commercial income.

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Ideally located in Somerville’s Davis Square, this 3,601 SF property is surrounded by established businesses, vibrant street activity, and convenient access to public transportation, positioning it as a natural extension of an already dynamic neighborhood.

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The project is shovel ready, with all major approvals secured. Building permits remain open, allowing a developer the flexibility to incorporate value engineering strategies and design enhancements prior to final permit issuance.

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This is a highly adaptable, fully entitled opportunity designed for efficient execution and strong absorption in a proven market.

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