70 Beacon Active

Somerville,MA 02143

$ 2975000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73288394

Year Built 1900

Annual Tax Amount $24,578

Tax Year 2023

Lot Size 7,405 Sqft

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

Exterior

Utilities Available Public Water,Public Sewer

Waterfront false

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