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

70e Beacon Street, Somerville, MA 02143

Full-basement storage and prominent signage support a range of retail and service uses.

Space SizeContact for details
Days on Market11

Property Features for 70e Beacon Street

General Information

Standard status Active

Additional Details

Road Access Yes

Amenities

prominent signage
convenient street parking
full basement storage
Whole Foods directly across the street
MBTA Red Line approximately one mile away

Building Details

Year Built 1900
Listing Agency: Phoenix Real Estate
Listed By: Yuan Guo
Source: Fairfieldrealtyboston
Added: Aug 2 Changed: Aug 11 Last Checked: Aug 12 at 3:52AM

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.

This retail space occupies a building constructed in 1900 and includes prominent signage, convenient street parking, and a full basement that provides additional storage. The space was previously used as a veterinary clinic and may accommodate medical or professional office, animal daycare, veterinary, fitness, salon, restaurant, retail, or other permitted commercial uses.

The property is located on Beacon Street, with Whole Foods directly across the street. The MBTA Red Line is approximately one mile away, providing a nearby transit connection. Its combination of customer-facing signage, street parking, basement storage, and flexible commercial-use potential supports a range of neighborhood-oriented operations.

Key Highlights

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

Property Analytics

Current Use

Retail space

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,298
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

$50.37 /SF/Yr
Avg Asking Price
$38.4–$70.46 /SF/Yr
Price Range
2,347 SF
Avg Space Size

This space is priced 11% below the average of $50.37 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Full-basement storage and prominent signage support a range of retail and service uses.
Where is this retail space located?
The property is located at 70e Beacon Street 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 provides additional storage; Prominent signage and convenient street parking; Previously operated as a veterinary clinic
More about this property
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