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Arris 18-20 Innerbelt Rd 10,374 SF 44% Leased Retail Building Somerville, MA 02143 $3,000,000 ($289.18/SF)



Executive Summary
Rare offering. Exceptional opportunity. New construction. Brand new Commercial Condo built as restaurant/bar in a prime location. Walls, plumbing & rough mechanicals already in place. Just bring your vision to life! Situated on ground floor of striking new building with 234 residential units above & Holiday Inn directly across the street. Ideal location midway between Union Square & Assembly Row with easy access to 1-93 & Boston. Excellent visibility with high pedestrian & vehicular traffic. Also features 49 indoor/underground parking spaces. Great space & set up for restaurant/bar operators, event venue or could be used for professional services. Incredible built-in customer base with strong growth potential. Some use restrictions. Buyer responsible for final buildout & due diligence.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
10,374 SF
Building Class
B
Year Built
2023
Price
$3,000,000
Price Per SF
$289.18
Percent Leased
44%
Tenancy
Multiple
Building Height
1 Story
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
10 Spaces (0.96 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Owner willing to give up to 6 months of free rent for build out.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,759 SF | Office/Retail | - | Now |
1st Floor
| Size |
| 5,759 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 5,759 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Owner willing to give up to 6 months of free rent for build out.
Walk Score®
Very Walkable (86)
Transit Score®
Excellent Transit (86)
Bike Score®
Very Bikeable (88)
Nearby Major Retailers
1 of 13
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Arris | 18-20 Innerbelt Rd
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