Neighborhood Restaurant In Somerville For Sale

Description

This is an exceptional opportunity to acquire a fully built out restaurant and bar located in one of Somerville's most desirable and evolving neighborhoods. The thoughtfully designed space offers a full kitchen, elegant bar, and inviting dining areas that transition seamlessly to outdoor patio seating, all in great condition. Positioned on a prime corner with excellent visibility and steady foot traffic, the location combines high end finishes with a warm modern aesthetic that can easily adapt to a variety of concepts. The sale includes all furniture, fixtures, and equipment, providing a turnkey infrastructure ready for immediate operation. This is ideal for an experienced operator or restaurant group to secure a high quality move in ready space in a proven location without the time or expense of a ground up build out. Parking includes metered street parking and a municipal lot nearby, with accessibility by public transit. The equipment is in excellent condition and has been well maintained. The lease term is five years with one five year option. Base rent is eight thousand dollars plus two thousand dollars in taxes and insurance with no CAM charge. The concept is a neighborhood restaurant. The size is nineteen hundred square feet with an additional nineteen hundred square feet of basement space and a forty seat patio. The seating capacity is one hundred. The business is open five days per week and closed on Mondays and Tuesdays. Full liquor and entertainment licenses are included with a 1 AM closing time. The asking price is two hundred fifty thousand dollars for the assets of the business.