Retail/Office Space Near
For Lease
$3,500/Mo
292 Beacon #1A, Somerville, MA 02143
First floor retail/office space with finished basement near Cambridge.
Space SizeContact for details
Days on Market116
Property Features for 292 Beacon #1A
General Information
Standard status
Active
Zoning
GB, Legal Non-Conforming
Lease Type
NNN
Taxes and HOA fees
Annual Taxes
$10,246
Building Details
Year Built
2017
Listing Agency:
Advise Realty
(978) 821-0057
Listed By:
Bin Hu
(978) 821-0057
Source:
Liongatere
Added: Apr 22
Changed: Aug 8
Last Checked: Aug 14 at 1:07PM
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 Advise Realty
Investment Insights
Based on property information with market context.
This property is a newer brick building located near the Cambridge line. It features a first floor and a fully finished basement. Currently configured as an office, the basement includes a kitchen area and two bathrooms. The first floor has 10-foot ceilings. It is located across the street from the Somerville Start Market and is a 10-minute walk to Porter Square and a 20-minute walk to Harvard Square. The location is suitable for retail stores or office use.
Key Highlights
- Prime location on the Cambridge line, near Somerville Start Market.
- Newer brick building built in 2017.
- Finished basement with kitchen area and two bathrooms.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,802
Businesses Nearby
Explore this area
Business Placement
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
$38.57 /SF/Yr
Avg Asking Price
$15.2–$55 /SF/Yr
Price Range
4,563 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - First floor retail/office space with finished basement near Cambridge.
Where is this office units located?
The property is located at 292 Beacon #1A Somerville, MA.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: Prime location on the Cambridge line, near Somerville Start Market.; Newer brick building built in 2017.; Finished basement with kitchen area and two bathrooms.
