Conventional Restaurant

Somerville, MA Conventional Restaurants for Sale

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Turnkey Korean Street Food Restaurant
Updated: Jul 22
Turnkey Korean Street Food Restaurant

236 Elm St, Somerville, MA 02144

$600,000
Korean street food restaurant established in 2022 (YearBuilt: 2022)
Turnkey operation described as a turnkey restaurant concept
Modern, contemporary dining concept at 236 Elm St in Somerville
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Union Square Restaurant Opportunity
Updated: Apr 22
Union Square Restaurant Opportunity

93 Beacon, Somerville, MA 02143

$125,000
Established Thai restaurant in Union Square
Business established in 2008
Features 12 indoor seats and permits for 8 outdoor seats
Turnkey opportunity for restaurateurs
Primarily a take‑out business
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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.

Leased Retail Condo Restaurant Space
Leased Retail Condo Restaurant Space

950 Massachusetts Avenue, 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.

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Corner Restaurant Retail Condo
Corner Restaurant Retail Condo

902-912 Massachusetts Ave # 902, Cambridge, MA 02139

Contact for pricing
1,319 sqft

Prime corner retail condo on main level with high ceilings and a full basement for storage or equipment use.

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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.

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Restaurant Opportunity on Beacon Street
Restaurant Opportunity on Beacon Street

914 Beacon Street, Boston, MA 02215

$180,000

Restaurant for sale, turn-key, with potential for owner financing.

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Somerville, MA Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Somerville, MA on our real estate platform.

Sale prices for conventional restaurants in Somerville, MA start at $125,000, averaging $362,500, and reaching up to $600,000 — 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

Bars & Pubs 4
Conventional restaurants 3
Commercial kitchens 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
02143 $150K

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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