Commercial for Sale: 70 Beacon, Somerville, MA 02143

$2,975,000
$2,975,000
70 Beacon, Somerville, MA 02143
$2,975,000
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Price:
$2,975,000
$25,000 - 10/08/2024
Est. payment: Skip to Mortgage Calculator

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Type Commercial
Lot Size 0.17 acres
Year Built 1900
City Somerville
County Middlesex
MLS 73288394
Status Active
DOM 65 days
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.

Lot & Building Features

Tax Year 2023
Taxes Paid $24,578

Price History of 70 Beacon, Somerville, MA

Date Name Price Difference
10/08/2024 Price Adjustment $2,975,000 0.83%
09/11/2024 Listing Price $3,000,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Ruby Li
Direct: 617-401-5357
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by City Realty Group, Sean Rose
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70 Beacon (MLS #73288394) is a commercial listing located in Somerville, MA. This commercial listing is on a lot of 7,405 sqft (or 0.17 acres) and is 124 years old. This property was listed on 09/11/2024 and has been priced for sale at $2,975,000.

Nearby zip codes are 00000, 01239, 02138, 02139 and 02141. This property neighbors other cities such as Cambridge.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information 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.