15 Union Sq - Convenience Store FOR SALE


Somerville, MA 02143- Union Square
$1,400,000 USD
617-293-8003
15 Union Sq, Somerville, MA for Sale
$1,400,000 USD
Convenience Store - FOR SALE
1/8
null | Request Cap Rate

Mar '25


15 Union Sq
Somerville, MA 02143
Union Square


HIGHLIGHTS

  • Center of Union Square
  • Recent renovation
  • Includes real estate AND convenient store business

OVERVIEW

Commercial investment opportunity in the center of popular Union Square, now served by the MBTA Green line. An opportunity to carry on the existing Mid-Night Convenient store operation, which has existed as family-owned for decades. Or take advantage of the location’s high-visibility to create something new; restaurant, retail, or professional offices. Development potential allows up to 5 stories with site plan approval and some restrictions regarding historical buildings. As a keystone property in Union Square, this represents an opportunity for strong growth of your investment portfolio.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$583 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1847

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

Commercial

APN/PARCEL ID

SOME-000082-C000000-000002

ASK ABOUT THIS PROPERTY

John MaxfieldMaxfield & Company Real EstateMore Info
617-293-8003

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John MaxfieldMaxfield & Company Real EstateMore Info
617-293-8003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.