For Lease
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Property summary
This exceptional 1,021 square foot retail space presents a unique cafe opportunity within the vibrant Boynton Gateway development in Somerville, Middlesex County. Located in a dynamic commercial area designed by SGA, this single-tenant space is part of a larger 336,000 square foot development strategically positioned within Somerville's burgeoning life science cluster. The property benefits from its location within a thriving community, offering easy access to a diverse range of amenities including food, bars, entertainment, and conveniences all within walking distance. Boynton Gateway's innovative design seamlessly integrates cutting-edge lab space with dynamic commercial areas and vibrant street-front retail, creating a lively and attractive environment for businesses. This prime location offers unparalleled visibility and accessibility, making it an ideal space for a cafe seeking to establish a strong presence in a rapidly growing and highly sought-after area. The space is ready for immediate occupancy and offers a blank canvas for a creative and successful cafe venture. The surrounding area is characterized by a community of forward-thinking individuals, including creators, foodies, artists, small business owners, and innovators. This presents a significant opportunity to tap into a highly engaged and supportive customer base.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Corporate Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
IP · Somerville, MAZoning
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Zoning designation
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