Active
70 Beacon
Somerville MA, 02143
$2,975,000
Active
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
October 12, 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 7:40 AM UTC, 10/12/2024
