70 Beacon Somerville MA 02143 MLS #73288394

70 Beacon
Somerville, MA, 02143
$2,975,000
Beds
0 Baths
0 SqFt
0.17 Acres
Add
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, covering 55% of the site’s expenses. 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 significant 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 Details

Price:
$2,975,000
MLS #:
73288394
Status:
Active
Beds:
0
Baths:
0
Address:
70 Beacon
Type:
Commercial
City:
Somerville
Listed Date:
Sep 11, 2024
State:
MA
ZIP:
02143
Lot Size:
7,405 sqft / 0.17 acres (approx)
Year Built:
1900
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Exterior

Parking Spots
3

Financial

Net Operating Income
$207,000
Tax Year
2023
Taxes
$24,578

Map

Community

Similar Listings Nearby

70 Beacon
Somerville, MA

Compare listings

Compare