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Retail Space with Full Basement
New
For Lease
$45 SF/Yr

70E Beacon St, Somerville, MA 02143

Street-facing space offers prominent signage, street parking, and additional storage below grade.

Space SizeContact for details
Days on Market5

Property Features for 70E Beacon St

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $27,067

Amenities

prominent signage
convenient street parking
additional storage in the full basement

Building Details

Year Built 1900
Listing Agency: Phoenix Real Estate
Listed By: Yuan Guo
Source: Elliman
Added: Aug 8 Changed: Aug 11 Last Checked: Aug 12 at 5:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Phoenix Real Estate

Investment Insights

Based on property information with market context.

This retail space occupies a building constructed in 1900 and includes a full basement for supplemental storage. The premises previously operated as a veterinary clinic and feature prominent signage along Beacon Street, with street parking available nearby. The layout may accommodate retail, service, medical or professional office, animal daycare, veterinary, fitness, salon, restaurant, or other permitted commercial uses.

Whole Foods is located across Beacon Street, while the MBTA Red Line is approximately one mile away. The surrounding area is supported by high walkability, bike access, and transit connectivity, reflected in scores of 97 for walking, 89 for biking, and 85 for transit. The property address is 70E Beacon St, Somerville, MA 02143.

Key Highlights

  • Full basement provides additional storage space
  • Prominent signage along Beacon Street
  • Previously operated as a veterinary clinic

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nail Salon Cosmetic Store Nursing Home (Bike/Boat/Book/etc) Store Clothing & Fashion Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,298
Businesses Nearby

Demographics for 02143, MA

26,022
Population
12,901
Households
2
Avg Household Size
33
Median Age
74%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
17,348
Density / Sq Mi
$126,102
Median Household Income
$73,055
Median Earnings
$2,424
Median Rent
$930,200
Median Home Value

Market

Lease Benchmarks for Somerville, MA

$50.37 /SF/Yr
Avg Asking Price
$38.4–$70.46 /SF/Yr
Price Range
2,347 SF
Avg Space Size

This space is priced 11% below the average of $50.37 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Street-facing space offers prominent signage, street parking, and additional storage below grade.
Where is this retail space located?
The property is located at 70E Beacon St Somerville, MA.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Full basement provides additional storage space; Prominent signage along Beacon Street; Previously operated as a veterinary clinic
More about this property
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