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    70-70A Beacon St Somerville, MA 02143

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    For Sale
    $2,900,000

    Prime retail building in Inman Square with two units.

    Lot size:
    0.17 Acres

    Property Features for 70-70A Beacon St

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1900

    Source: City Realty Group Agent Sean Rose

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

    Overview

    Inman Square Retail Opportunity

    This is a retail opportunity located in the Inman Square area. The building features two retail units with frontage along Beacon Street. One unit, #70, is a 2,020 square foot bar/restaurant tenant paying $55.00 per square foot NNN, covering 55% of the site's expenses. The other unit, #70E, is an 1,800 square foot former veterinary clinic. Each suite includes a full basement storage area. On-site parking is available, along with signage opportunities and street parking in the immediate area. The property is situated in a densely populated area with over 60,000 residents within a 1 mile radius. Whole Foods is located across the street, and CHA Cambridge Hospital is nearby.
    Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Similar Places Nearby

    The Plough and Stars, Lord Hobo Cambridge, Surrey street Market, Earnest Drinks, Cicada

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1043106
    Latitude
    42.3763713

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    FAQs

    What type of property is this?
    Bar - Prime retail building in Inman Square with two units.
    Where is this bar located?
    The property is located at 70-70A Beacon St Somerville, MA.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Prime Inman Square location with high population density.; - Two retail units with frontage on Beacon St, offering diverse income potential.; - Existing tenant provides immediate income at $55.00 psf NNN.
    (617) 997-8351
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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
    70-70A Beacon St Somerville, MA 02143
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