NE Provenance

692 Broadway

Somerville, MA 02144

Commercial
Owner
Ris...
Owner Type
LLC
Tenure
6 yrs
Assessed
$2,387,700
Built
1920
Sq Ft
7,267
Lot
0.31 ac
Bed/Bath
—
Type
Commercial
Elevated Risks15ConditionC1Fire GradeBPermits63Last PermitJun 2025FloodX

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692 Broadway, Somerville, MA 02144— Property Report

Building& Property Details

692 Broadway is a Wharf / Marina commercial built in 1920 located in Somerville, MIDDLESEX County, MA. The building has 7,267 square feet of building area on a 0.31-acre lot.

Flood Zone & Natural Hazard Assessment

692 Broadway is in FEMA flood zone X. Zone X is outside the Special Flood Hazard Area, meaning the property has minimal flood risk according to FEMA mapping. The FEMA National Risk Index composite rating for this area is Very Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 40 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 692 Broadway at Grade B (Strong fire protection access). The nearest fire station, MEDFORD FIRE DEPARTMENT, is 0.3 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

Municipal records show 63 building permits on file for 692 Broadway. The most recent permit was filed June 30, 2025. In the past five years, 43 permits have been issued. The current municipal assessment is $2,387,700, with $876,900 attributed to land and $1,510,800 to improvements.

SomervilleNeighborhood & Community

692 Broadway is located in Somerville, MIDDLESEX County, MA. The property is zoned MR4 (Mid Rise 4). The median home value in this census tract is $1,061,600. Median household income is $200,001. The owner-occupancy rate in the surrounding area is 52%. The property is served by the Somerville school district.

Full Property Intelligence Report

The complete NE Provenance report for 692 Broadway, Somerville, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.