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160 Broadway
Somerville, MA 02145
Mixed-Use Building on Broadway-E. Somerville · Property For Lease · 11,262 SF

ABOUT THE PROPERTY

Four currently connected retail bays on the first floor of a mixed-use property on vibrant Broadway! Each bay can be separated and rented individually, or two or more bays can be combined to create larger spaces. Each bay has street frontage on Broadway. One of the bays boasts a corner entrance with street frontage on both Broadway and Cross streets. All spaces have minimum ceiling heights of 9 feet but may be closer to 9.5 feet if the drop ceiling is removed. Each bay comes with a separate electric meter socket capable of supporting 200AMPs, sufficient power to introduce ductless mini-split heating/AC systems. Tenants may be able to introduce gas to bays should that be necessary. Tenants pay for their own trash removal and for individually metered utilities including separately metered water/sewer. Tenants also pay RE taxes, insurance, and common area maintenance which includes weekly cleaning (including commercial glass cleaning), extermination, snow removal/landscaping, maintenance, repairs, and materials related to the commercial spaces (including roofs, brick, storefronts), and fire alarm system monitoring, maintenance and repairs. RCG is in the process of improving the storefront and exterior shell of the property. We plan to introduce a new sign band and exterior lighting, commercial storefront windows, doors and paneling as well as repainted clapboard siding, new residential doors and residential windows. Additional exterior improvements include; repointed brickwork, removal of metal grates and rolling doors. That work should be completed around July 1, 2019. 160-166 Broadway is in a Corridor Commercial District (CCD55) zone which allows a wide variety of uses including small retail (less than 1500 net SF), medium retail (1500 net SF to 10000 net SF), Office/R&D/Institutional Uses, and other uses. A complete table of uses can be found at the city’s zoning website. RCG can combine bays to suit individual tenant needs.

PROPERTY FACTS

Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 11,262 SF
Year Built/Renovated 1880/1990
  • Listing ID: 15672977

  • Date on Market: 4/8/2019

  • Last Updated:

  • Address: 160 Broadway, Somerville, MA 02145

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