$2,975,000
70 Beacon Somerville, MA 02143
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$2,975,000
Est. payment /mo
7,405 Sqft Lot
Price Dropped by $25K
70 Beacon Somerville, MA 02143
UPDATED:
10/12/2024 07:05 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73288394
HOA Y/N false
Year Built 1900
Annual Tax Amount $24,578
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Property Description
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.
Location
State MA
County Middlesex
Zoning MR3
Direction Located 0.9 miles from the MBTA Harvard Sq Red Line stop.
Exterior
Utilities Available Public Water, Public Sewer
Waterfront false
Total Parking Spaces 3
Others
Senior Community false
Listed by City Realty Group
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