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. 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:
$3,000,000
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
Schools
Interior
Exterior
Parking Spots
3
Financial
Tax Year
2023
Taxes
$24,578
Map
Community
- Address70 Beacon Somerville MA
- CitySomerville
- CountyMiddlesex
- Zip Code02143
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Courtesy of City Realty Group. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein.
70 Beacon
Somerville, MA
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