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    74 Middlesex Ave Somerville, MA 02145

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    For Lease
    Contact for pricing

    Restaurant space available in thriving Assembly Square neighborhood in 2024.

    Property size:
    2,600 SF
    Lot size:
    0.86 Acres

    Property Features for 74 Middlesex Ave

    General Information

    Size
    2,600 SF
    Lot size
    0.86 Acres

    Source: Graffito Agent Dave Downing

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

    Overview

    Assembly Square Restaurant Opportunity

    Available in 2024, this 2,400-square-foot restaurant space features 18-foot ceilings, 60 seats, and an outdoor patio. It is located in Assembly Square, a mixed-use neighborhood alongside the Mystic River that includes commercial space, residential apartment homes, restaurants, neighborhood amenities, and shops. The space is part of a 74 million dollar project, a new 500,000-square-foot life science building located at the entry to Assembly Row. This Class A building is currently under construction and is scheduled to open in mid-2024. The ground floor of the building is anchored by a 2,700 square foot restaurant that enhances activity in the main lobby and streetscape along Middlesex Avenue.
    Insight Report Location Intelligence

    Current Use by Public Records

    74 Middlesex Avenue Corporate Office Top Rated Masonry ... Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Wegmans Catering, Scott Brothers Kitchen

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0834518
    Latitude
    42.3932568

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space available in thriving Assembly Square neighborhood in 2024.
    Where is this restaurant located?
    The property is located at 74 Middlesex Ave Somerville, MA.
    What are key features of this property?
    This property features: - Located in the thriving Assembly Square mixed-use neighborhood.; - Part of a new 500,000 SF Class A life science building.; - Available in 2024.
    (617) 401-2872
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    74 Middlesex Ave Somerville, MA 02145
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    Somerville, MA 02145
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    74 Middlesex Ave Somerville, MA 02145
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