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    Somerville, MA
    Conventional Restaurant

    Somerville, MA Conventional Restaurants for Sale

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    Built-Out Quick-Service Restaurant
    Updated: Aug 6
    Built-Out Quick-Service Restaurant

    24 College Avenue, Somerville, MA 02144

    $200,000
    600 sqft
    Approximately 600 SF on the first floor plus an additional 600 SF basement
    12‑seat dining capacity
    Basement space supports food preparation and storage
    Near Davis Square Station and Tufts University
    2017 construction
    View details
    Breakfast Restaurant with Full Bar
    Updated: Apr 16
    Breakfast Restaurant with Full Bar

    704 Broadway, Somerville, MA 02144

    $2,150,000
    Business and real estate included in the sale
    Full liquor license conveys with the property
    Full bar and tap system already installed
    Currently configured for breakfast and lunch service
    Dinner service can be added
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Somerville, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant with Exposed Brick Dining Room
    Restaurant with Exposed Brick Dining Room

    30 Massachusetts Ave, Boston, MA 02115

    $1,200,000
    780 sqft

    Turnkey restaurant with upgraded kitchen equipment and exposed-brick dining room in a high-foot-traffic Mass Ave corridor.

    View details
    Leased Retail Condo Restaurant Space
    Leased Retail Condo Restaurant Space

    950 Massachusetts Ave, Cambridge, MA 02139

    $3,950,000
    5,481 sqft

    Centrally located retail condo is fully leased to a longstanding neighborhood restaurant and Ubreak I Fix.

    View details
    Counter-Service Restaurant with Kitchen
    Counter-Service Restaurant with Kitchen

    1220 Cambridge Street, Cambridge, MA 02139

    $150,000

    Installed equipment and food-service infrastructure support continued restaurant operations.

    View details
    Corner First-Floor Restaurant Space
    Corner First-Floor Restaurant Space

    76 Salem Street, Boston, MA 02113

    Contact for pricing

    Corner, first-floor restaurant space with takeout window, approximately 77-seat dining, plus additional lower-level space.

    View details

    Somerville, MA Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Somerville, MA on our real estate platform. These investment opportunities span a total of 600 square feet of properties for sale, with an estimated market value of $2,350,000.

    Sale prices for conventional restaurants in Somerville, MA start at $200,000, averaging $1,175,000, and reaching up to $2,150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 5
    Bars & Pubs 4
    Commercial kitchens 2
    Breakfast & diners 1
    Turn key restaurants 1

    Demographics Overview

    Population 78K
    Population Growth (5Y) -0.3%
    Median Household Income $128,262

    High-Yield Neighborhoods for Investment

    Identify Somerville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    02144 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.74%
    Property Tax per SF $8.73 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Middlesex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Somerville fall within the 2,500 to 5,000 square foot range.

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