Prime Somerville Retail Space
For Lease
$53 SF/Yr
70 Beacon #2, Somerville, MA 02143
High-traffic retail space near Whole Foods and MBTA Red Line.
Space SizeContact for details
Days on Market223
Property Features for 70 Beacon #2
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$24,577
Building Details
Year Built
1900
Listing Agency:
City Realty Group
(617) 751-5119
Listed By:
Sean Rose · License #9567526
Source:
Corcoran
Added: Jan 9
Changed: Aug 8
Last Checked: Jul 16 at 1:43PM
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 City Realty Group
Investment Insights
Based on property information with market context.
This prime retail space in Somerville, formerly a veterinary clinic, is available for lease. Situated in a high-density area, the property benefits from significant pedestrian and vehicular traffic along Beacon Street. Its location is directly across from Whole Foods and within a mile's walk to the MBTA Red Line. The space offers ample signage opportunities and street parking. A full basement storage area is included. This location is suitable for various uses, including a medical office, daycare, veterinary clinic, gym studio, bar/restaurant/QSR operator, salon, or other standard retail businesses.
Key Highlights
- Prime Somerville retail space in a high‑density area with strong foot and vehicle traffic.
- Located directly across from Whole Foods.
- Less than a mile from the MBTA Red Line.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$7.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,032
Businesses Nearby
139k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 65%
Shops & Services 19%
Dining 11%
Hotels & Casinos 4%
Market Basket
Groceries
72,973 visits/mo
0.3 miles
Whole Foods Market
Groceries
18,016 visits/mo
0.1 miles
7-Eleven
Shops & Services
14,048 visits/mo
0.4 miles
Dunkin' Donuts
Dining
7,580 visits/mo
0.5 miles
Dunkin' Donuts
Dining
7,431 visits/mo
0.5 miles
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
$52.29 /SF/Yr
Avg Asking Price
$45–$70.46 /SF/Yr
Price Range
2,222 SF
Avg Space Size
This space is priced 1% above the average of $52.29 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - High-traffic retail space near Whole Foods and MBTA Red Line.
Where is this retail space located?
The property is located at 70 Beacon #2 Somerville, MA.
What is the lease rate?
The lease rate is $53 SF/Yr.
What are key features of this property?
This property features: Prime Somerville retail space in a high‑density area with strong foot and vehicle traffic.; Located directly across from Whole Foods.; Less than a mile from the MBTA Red Line.
