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Retail Space with Basement Storage
For Lease
$45 SF/Yr

70 E Beacon St, Somerville, MA 02143

Former veterinary clinic with prominent signage and street parking.

Space SizeContact for details
Days on Market17

Property Features for 70 E Beacon St

General Information

Standard status Active

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: Alpernandmesenbourg
Added: Aug 14 Changed: Aug 29 Last Checked: Aug 25 at 7:41AM

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.

Retail space at 70 E Beacon St in Somerville, Massachusetts, occupying a building constructed in 1900. The premises include prominent signage, convenient street parking, and a full basement that provides additional storage. The space was previously used as a veterinary clinic.

Whole Foods is located directly across the street, while the MBTA Red Line is approximately one mile away. The setting offers pedestrian and vehicle traffic within a densely populated neighborhood. The space may accommodate medical or professional office use, animal daycare, veterinary services, fitness, salon, restaurant, retail, or another permitted commercial use.

Key Highlights

  • Full basement offers additional storage space
  • Prominent signage and convenient street parking
  • Previously operated as a veterinary clinic

Property Analytics

Current Use

Thirsty Scholar Pub Restaurant Huron Veterinary Hospital Veterinary Clinic Tall Order Restaurant

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

4,032
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

$52.29 /SF/Yr
Avg Asking Price
$45–$70.46 /SF/Yr
Price Range
2,222 SF
Avg Space Size

This space is priced 14% below the average of $52.29 /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 - Former veterinary clinic with prominent signage and street parking.
Where is this retail space located?
The property is located at 70 E 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 offers additional storage space; Prominent signage and convenient street parking; Previously operated as a veterinary clinic
More about this property
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