39 Derby St, Somerville, MA 02145

39 Derby Street, Somerville, MA 02145 – Premium 2-Address Offering Near Assembly Row Welcome to 37–39 Derby Street — an exquisite in-city land and building opportunity mere minutes from downtown Boston. This rare two-address package (sold together) offers unmatched flexibility for an end-user, investor, or developer in the heart of Somerville’s fastest-growing corridor. Perfectly positioned within walking distance to Assembly Row’s world-class shopping, dining, and entertainment, plus the MBTA Orange Line and Green Line Extension, this property connects you to Cambridge, downtown Boston, and Logan Airport with ease. Highlights: • Two addresses (37 + 39 Derby Street) on one offering – rare combined footprint and frontage. • Located steps from Assembly Row, Sullivan Square, and I-93. • Quick access to multiple MBTA lines, bus routes, and major commuter roads. • Surrounded by Somerville’s most vibrant retail, dining, and entertainment. • Ideal for multi-family living, rental income, condo conversion, or redevelopment (buyer to verify zoning). • Situated within Somerville’s progressive zoning district supporting transit-oriented growth. Neighborhood Advantage: Derby Street sits in Somerville’s urban core, just minutes to downtown Boston. Assembly Row’s riverfront retail district, AMC Theater, Trader Joe’s, and the Orange Line station are just down the street. The Green Line Extension further boosts property values and transit convenience. The area’s 2019 zoning overhaul encourages mixed-use, higher-density development near transit hubs, making this an exceptional long-term investment location. Investment Potential: This is not just a property — it’s a future-proof investment in one of Greater Boston’s most desirable and high-demand locations. With two addresses on one lot, multiple unit configurations, and zoning flexibility, the possibilities are endless. Developers, investors, and owner-occupants alike will appreciate the location, scale, and upside potential.