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Breakfast Restaurant with Full Bar
For Sale
$2,150,000

704 Broadway, Somerville, MA 02144

Business and real estate offering with an established restaurant layout, liquor license, and service infrastructure in place.

Property SizeContact for details
Days on Market137

Property Features for 704 Broadway

General Information

Standard status Active
Property subtype Commercial
Zoning MR4

Additional Details

Business Included Yes
Liquor License Yes

Taxes and HOA fees

Annual Taxes $20,441

Building Details

Year Built 1900
Listing Agency: RSC Global Realty
Listed By: Chris Bernier
Source: Churchillprop
Added: Apr 16 Changed: Aug 30 Last Checked: Aug 30 at 1:27PM

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 RSC Global Realty

Investment Insights

Based on property information with market context.

This offering includes both the restaurant business and its real estate. The property is currently configured for breakfast and lunch service, with a full bar and tap system already installed. A full liquor license is included in the sale, providing an existing foundation for continued restaurant operations and potential dinner service.

Built in 1900 and zoned MR4, the property combines an established food-and-beverage setup with an older commercial building. The sale structure allows a buyer to continue the current restaurant format or introduce a different concept, subject to applicable requirements.

Key Highlights

  • Business and real estate included in the sale
  • Full liquor license conveys with the property
  • Full bar and tap system already installed

Property Analytics

Current Use

Breakfast & diners

Suggested Use

Top Pick Law Firm Food Market Parking Lot & Garage Computer & Electronic Repair Accounting Firm Pharmacy

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

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

2,261
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 51% Shops & Services 49%
Dunkin' Donuts Dining
6,731 visits/mo 0.5 miles
7-Eleven Shops & Services
5,303 visits/mo 0.3 miles
PLS Financial Services Shops & Services
2,104 visits/mo 0.5 miles
Kung Fu Tea Dining
1,057 visits/mo 0.5 miles

Demographics for 02144, MA

25,497
Population
11,881
Households
2.1
Avg Household Size
31
Median Age
75%
College-Educated
96%
High-School Grad
1.1 sq mi
ZIP Area
23,179
Density / Sq Mi
$140,591
Median Household Income
$74,639
Median Earnings
$2,654
Median Rent
$987,000
Median Home Value

Market

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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Similar Off Market Nearby

  • Supreme Kitchen 233 Highland Ave, Somerville, MA 02143
  • A Cambridge House Inn At Porter 2218 Massachusetts Ave, Cambridge, MA 02140
  • Bowers House Bed and Breakfast 9 Bowers Ave, Somerville, MA 02144
  • Morrison House Bed and Breakfast 221 Morrison Ave, Somerville, MA 02144
  • Kelly's Diner 674 Broadway, Somerville, MA 02144

Frequently Asked Questions

What type of property is this?
Breakfast & diner - Business and real estate offering with an established restaurant layout, liquor license, and service infrastructure in place.
Where is this breakfast & diner located?
The property is located at 704 Broadway Somerville, MA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Business and real estate included in the sale; Full liquor license conveys with the property; Full bar and tap system already installed
More about this property
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