70 Beacon

Somerville, MA 02143

$2,950,000

Price

$2,950,000

Price

ATTENTION ALL INVESTORS & OWNER OCCUPANTS – This is your opportunity to purchase a very rare retail opportunity in a prime Somerville/Cambridge location. Situated in the densely populated Inman Sq area, with over 60,000 residents within a 1 mile radius, the building features two retail units with great frontage along Beacon St. Unit #70 is a 2,020 SF bar/restaurant tenant paying $53.47 psf NNN with annual increases, covering 55% of the site’s expenses until 2034. Unit #70E is an 1,800 SF former veterinary clinic that is the perfect fit for an owner occupant or savvy investor to lease out. Each suite comes with a full basement. There is parking on site, ample signage opportunities, as well as street parking in the immediate area. Whole Foods is located just across the street and CHA Cambridge Hospital is right around the corner. Please reach out to the listing agent via call/email with any questions/inquiries or to schedule a showing. Pro-forma & site plans can be shared upon request.

Property Type Commercial Sale
Property Status Active
Time on Market 64 days
MLS# 73466671
Lot Size 7,405 Sq. Ft.
Listed Price $2,950,000
Data Source MLS PIN
Leroy Harrison

Associate

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Perks
Festivals and Events
Green Space
Historic
Popular With Renters
Public Transportation
Red Line
Restaurants and Nightlife
Location

Somerville is home to a diverse population and many housing options within a thriving arts community and an emerging food scene. Single-families, multi-families, condos, and apartments sit side by side in many of Somerville’s densely-populated neighborhoods. Enjoy the small-town feel and big-city amenities.

  • Pet-Friendly
  • Popular With Renters
  • Restaurants and Nightlife

Commercial Sales

We're always happy to speak with you.
617.314.9400

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Listing Courtesy of: City Realty Group

Listing Agent: Sean Rose


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Property Details


Property Type Commercial Sale
County Middlesex
Waterfront? No
Adult Community No
Acres 0.17
Town Somerville
ZIP 02143

Schools


School data provided by GreatSchools.

The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

Find out more about GreatSchools ratings.

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