Active

Extended

70 Beacon

Somerville MA, 02143

$2,975,000


Active

Extended

Commercial

Built in 1900

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.

73288394

MLS ID

September 11, 2024

Listed

December 19, 2024

Updated

Map

70 Beacon
Somerville MA, 02143

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres

Other Property Details

Taxes

$24,578


Tax Frequency

Annually


Garage

No


Parking Total

3


View

No


County

Middlesex


Pool

No


Zoning

MR3

Listing History

Date

Event

Price

10/8/2024

Price change

$2,975,000

-1%

 

Courtesy of Sean Rose, City Realty Group

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Data last updated 4:18 PM UTC, 12/19/2024

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