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114-118 Broadway In Somerville For Sale

Somerville, Massachusetts, US
Asking Price:
Undisclosed
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Turnkey second-generation restaurant space (118 Broadway) ready for immediate occupancy, featuring a full kitchen, bar, and outdoor seating potential. The adjacent retail/office building is also available, offering flexible use options & is ideal for a brewery conversion and taproom utilizing both sites.

This property sits in a high-traffic, highly visible location with excellent signage opportunities. The restaurant space is fully built out, minimizing your startup time and costs. The retail building offers an open layout, ideal for creative concepts. Both spaces benefit from strong daytime and evening foot traffic, with ample on-site parking available.

PARKING: Private parking lot directly behind building with 36 spots
LEASE TERM:5-year lease plus (2) 5-year options
BASE RENT: $36 psf plus NNN
CONCEPT: Full-Service Bar & Restaurant / Brewery
SIZE: 118 Broadway - 3,780 SF plus basement; 114 Broadway - 2,697 SF plus
basement
SEATS: 118 Broadway- 180 indoors, 24 outdoors; 114 Broadway- N/A

Property Information

Real Estate:

Lease