Somerville Nightclub/Cocktail bar
Available
This intimate cocktail bar/restaurant/nightclub concept is located in a historic space in the popular Union Square neighborhood, surrounded by bars, restaurants, and other activity generators. With direct access to the MBTA Green Line, it’s an easy and enticing stop for both locals and visitors from across Boston & surrounding areas. A thoughtfully crafted bar and kitchen set the stage for a speakeasy-style ambiance, making it the perfect spot for enjoying live music, great drinks, and fun social gatherings.
Property Details
- Listing Price
- $450,000
- Listing Price (Additional Notes)
- $450,000 (For the Business)
- Type
- Bar
- Concept
- Cocktail bar/Restaurant/Nightclub
- Sales
- $585,437
- Cash Flow
- $87,000
- Location
- Somerville
- State
- Massachusetts
- County
- Middlesex County
- Square Footage
- 1,500
- Seating
- 85
- Parking
- 21 spaces – shared use
- Base Rent
- $4,920
- Base Rent (Additional Notes)
- Gross Rent – 3% annual increases until 2033
- Lease Terms
- 3 years remaining with one (1) five-year option until 2033
- Includes Real Estate
- No
- Liquor License
- Yes
- Licenses
- Full Liquor & Entertainment Licenses (11am to 1am; 7 days)
- Hours
- Open 6 days/week late afternoon/evening/late night hours
