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Retail Space with Basement Storage
For Lease
$53 SF/Yr

70 Beacon # 2 Somerville, Somerville, MA 02143

Retail space with full basement storage and signage opportunities.

Space SizeContact for details
Days on Market94

Property Features for 70 Beacon # 2 Somerville

General Information

Standard status Active
Zoning MR3
Lease Type NNN

Taxes and HOA fees

Annual Taxes $24,577

Building Details

Year Built 1900
Listing Agency: City Realty Group
Listed By: Sharon Lucido · License #9567526
Source: Bournetosellrealestate
Added: May 29 Changed: Aug 30 Last Checked: Aug 30 at 1:03PM

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 retail space includes a full basement for storage and was previously configured for veterinary use. The property also offers signage opportunities and street parking options, supporting a range of standard retail and service-oriented formats.

Situated on Beacon Street in Somerville, the space is directly across from Whole Foods and less than a mile on foot from the MBTA Red Line. Potential uses identified for the property include a medical office, daycare, veterinary clinic, gym studio, bar or restaurant, quick-service restaurant, salon, or other standard retail use. The building dates to 1900 and is zoned MR3.

Key Highlights

  • Full basement storage included with the retail space
  • Former veterinary‑use configuration
  • Directly across from Whole Foods on Beacon St

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nursing Home Accounting Firm Home Appliance Store (Bike/Boat/Book/etc) Store Garden Center Restaurant

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
$7.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,910
Businesses Nearby
280k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 26% Dining 26% Shops & Services 19% Groceries 16%
Target Superstores
74,182 visits/mo 0.1 miles
Star Market Groceries
44,009 visits/mo 0.4 miles
McDonald's Dining
43,928 visits/mo 0.5 miles
Marshalls Apparel
25,730 visits/mo 0.3 miles
Dollar Tree Shops & Services
24,950 visits/mo 0.3 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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with full basement storage and signage opportunities.
Where is this retail space located?
The property is located at 70 Beacon # 2 Somerville Somerville, MA.
What is the lease rate?
The lease rate is $53 SF/Yr.
What are key features of this property?
This property features: Full basement storage included with the retail space; Former veterinary‑use configuration; Directly across from Whole Foods on Beacon St
More about this property
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