2 Richdale Avenue - Somerville, MA
Somerville, MA Associated Brokerage Group, LLC completed the sale of 2 Richdale Ave. for $1.75 million. Sales associate Justine Pepple and Bernard Gibbons brokered the transaction of this two story stand-alone office/industrial building. The building offers a total of 6,000 s/f and features a first floor open space of 4,000 s/f with 20’ ceilings, a garage door, and a three phase electrical system. The second floor, a 2,000 s/f office space with mezzanine overlooks the shop space. Six parking spaces are associated with the building.
The property is suited for varied uses including construction, transportation, and light manufacturing, while minutes away from Union Sq. and downtown Boston. Paradigm Solutions, a sustainable energy solution company purchased the property.
Associated Brokerage Group is a commercial real estate brokerage firm located in Cambridge, specializing in the leasing and sale of office, retail, and investment properties throughout Greater Boston and Eastern Massachusetts.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and