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$999,000

  • For Sale
  • Active
  • Commercial
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Investors, builders, & developers take notice! There is not a better opportunity to purchase and develop in a bustling area of Somerville set for significant transformation with USQ in Union Square! This property was formerly a restaurant/bar and has expansive opportunity for development. Condominiums, multi-family, or income investment potential at this location is primed and ready to go. Superb location and highly accessible to all transportation, less than .5 miles to the green line, minutes to Union Sq, Sullivan Sq, & Rt 93. Only 1 mile to Cambridge, Boston and just 1.5 miles to Assembly Row, and Encore Casino with endless dining and city life just around the corner! Additional opportunities to purchase multiple abutting properties if so desired! Reach out today. Buyer and/or buyer's agents/reps to perform their own due diligence.

Full Property Details for 282 McGrath Hwy

General

  • Price: $999,000
  • Taxes: $18,492 (2025)
  • Status: Active
  • Type: Commercial
  • Source: MLSPin
  • MLS ID: 73454594
  • Updated: 12/6/2025
  • Added to Site: 63 day(s) ago

Business

  • Business Type: Commercial

Location

  • County: Middlesex
  • Driving Directions: Use GPS

Structural Information

  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Dimensions: .13
  • Zoning: Other (See Remarks)

Financial Considerations

  • Tax Amount: $18,492
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Buyer & Buyers Agent/Rep to do all due diligence.
  • Property ID: M:94 B:D L:11, 760536
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 282 McGrath Hwy —

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 282 McGrath Hwy

School District:Somerville School District
NameGradesDistance
Somerville High School
81 Highland Avenue, Somerville, MA 02143
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 282 McGrath Hwy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/02/2025
Price Reduced
$999,000
-20.08%
MLS
11/13/2025
Listed
$1,250,000
418.67%
MLS
2/29/1988
Sold
$241,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 282 McGrath Hwy

Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,492
4%
$977,400
—
2024
$17,789
5%
$977,400
—
2023
$16,958
3%
$977,400
—
2022
$16,469
1%
$977,400
—
2021
$16,313
2%
$977,400
—
2020
$15,951
-1%
$977,400
5%
2019
$16,120
-11%
$930,200
-7%
2018
$18,163
3%
$997,400
6%
2017
$17,663
19%
$939,000
28%
2016
$14,792
42%
$733,000
44%
2015
$10,410
-4%
$510,800
1%
2014
$10,858
—
$504,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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282 McGrath Hwy, Somerville, MA 02143 (MLS# 73454594) is a Commercial property. 282 McGrath Hwy is currently listed for $999,000 and was received on November 13, 2025. This property is listed by Leah Piantidosi from our Andovers-Readings Regional Office.Want to learn more about 282 McGrath Hwy? Do you have questions about finding other Commercial real estate for sale in Somerville? You can browse all Somerville real estate or contact a Coldwell Banker agent to request more information.

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