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.
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.
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.