Somerset MA Commercial for Sale

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Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.9 Acres
Year built:
1945
Baths:
MLS#:
73320352

ADDITIONAL INFORMATION

Presenting an exceptional investment opportunity: a highly visible & well-established Commercial Retail Plaza situated on the heavily traveled Rt.138 in Somerset. This property comprises 8 units, 7 of which are fully occupied, demonstrating a strong & consistent rental history. Strategically located between The RISE Café & Dunkin', the plaza benefits from prominent signage, ensuring maximum exposure to both vehicular & pedestrian traffic. This versatile property accommodates a diverse mix of tenants, including retail, professional services, office spaces, dining establishments, & a garage, all supported by ample onsite parking. The location's accessibility make it a destination for businesses & customers alike. For investors seeking a stable, income-generating asset with excellent long-term potential, this plaza represents an outstanding addition to any portfolio. Don’t miss this rare opportunity to secure a cornerstone of Somerset's bustling commercial landscape.

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Andrea Conner, License 1000188, Xome Inc., License 9622, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Somerset Real Estate

The median home value in Somerset, MA is $459,000. This is higher than the county median home value of $449,800. The national median home value is $338,100. The average price of homes sold in Somerset, MA is $459,000. Approximately 80.7% of Somerset homes are owned, compared to 15.53% rented, while 3.77% are vacant. Somerset real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Somerset real estate agent to arrange a tour today!

Somerset, Massachusetts has a population of 18,271. Somerset is more family-centric than the surrounding county with 31.16% of the households containing married families with children. The county average for households married with children is 27.77%.

The median household income in Somerset, Massachusetts is $96,967. The median household income for the surrounding county is $74,290 compared to the national median of $69,021. The median age of people living in Somerset is 46.4 years.

Somerset Weather

The average high temperature in July is 82 degrees, with an average low temperature in January of 20.2 degrees. The average rainfall is approximately 48.8 inches per year, with 33 inches of snow per year.

Somerset Real Estate Market Conditions

  • Median sales price

    $459,000
    12.9% change since last quarter
  • # Active listings

    17
    30-day change

Somerset Schools and Demographics

Education near Somerset, MA

Metric City County
High School Graduates 91.97 85.84
College Degree - 2 year 12.66 9.22
College Degree - 4 year 34.1 29.33
Graduate Degree 8.13 7.99
Expenditures per Student 20,311 20,311
Students per Teacher 13 13

Elementary Schools near Somerset, MA

School Grades Students P/T Ratio ZIP
Carlton M. Viveiros Elementary School KG - 05 644 15.1 02724
Chace Street PK - 05 407 16 02726
Elizabeth S Brown 03 - 05 295 13.9 02777
Gardner KG - 02 265 14.3 02777
Henry Lord Community School PK - 06 473 14.7 02721
John J Doran PK - 08 555 15.3 02721
Joseph G Luther 03 - 05 205 13.1 02777
Letourneau Elementary School PK - 05 538 15.7 02721
Mark G Hoyle Elementary School PK - 02 283 14.8 02777
North Elementary School KG - 05 497 16.7 02726
Samuel Watson KG - 05 284 16.2 02723
South KG - 05 294 18.4 02726
William S Greene PK - 05 767 17.6 02724

Middle Schools near Somerset, MA

School Grades Students P/T Ratio ZIP
Argosy Collegiate Charter School 06 - 06 103 13.6 02724
Joseph Case Junior High School 06 - 08 512 12.9 02777
Matthew J Kuss Middle School 06 - 08 743 12.9 02724
Resiliency Middle School 07 - 08 39 7.4 02721
Somerset Middle School 06 - 08 633 13.7 02726
Stone Therapeutic Day Middle School 06 - 08 32 4.4 02721
Talbot Innovation School 06 - 08 660 11.6 02723
Wilbur KG - 05 174 12.2 02725

High Schools near Somerset, MA

School Grades Students P/T Ratio ZIP
Joseph Case High School 09 - 12 535 11 02777
Somerset Berkley Regional High School 09 - 12 925 11.2 02726

Ungraded Schools near Somerset, MA

School Grades Students P/T Ratio ZIP
* Diman Regional Vocational Technical High 09 - 12 1,410 10.9 02723
Atlantis Charter School KG - 09 885 14.7 02724

Demographics near Somerset, MA

Metric City County
Neighborhood Type Suburban
Population 18,271 576,070
Population Density 2,313 1,042
Median Age 46.4 40.9
People per Household 2.5 2.5
Median Household Income 96,967 74,290
Average Income per Capita 47,396 38,632