Nathan Smith
← INNOVATE Real Estate
Business Opportunity at 24 College Ave, Somerville MA 02144, Somerville
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12 photos

$200,000

24 College Ave, Somerville MA 02144
Somerville, MA 02144
Listed by Arunee Tanampai
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2017

About this home

Fully built-out quick-service restaurant for sale in a high-foot-traffic location step from Davis Square Station and Tufts University. The space is well maintained and offers approximately 600 sq ft on the first floor plus an additional 600 sq ft basement ideal for prep and storage. Current seating capacity is 12. Rent is approximately $3,000 plus NNN (about $450/month), and a new lease term can be negotiated directly with the landlord. FF&E asset sale only.

Property details

MLS #
73569759
Property type
Business Opportunity
Subdivision
N/A
Status
Active
Days on market
27
On market date
August 29, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
99,999,999 sqft

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Benjamin G Brown
0.41 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
181
Student:teacher ratio
15.1:1
District
Somerville
Middle
Rindge Avenue Upper School
0.47 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
262
Student:teacher ratio
8.2:1
District
Cambridge
High
Curtis-Tufts
0.85 mi away · Grades 10-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
12
Student:teacher ratio
4.0:1
District
Medford

Walkability

Blended score for Somerville's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

97
Highly walkable
out of 100
EPA National Walkability Index
18.8 / 20 -- Most walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies7

Market position

How this listing compares to current activity in Somerville, from live MLS data.

On the market 27 days -- 55 fewer days than Somerville's current average of 82 days.
For reference, the median list price across 822 active listings in Somerville right now is $9,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$1,354/mo
$40,000 down
$160,000 loan
Principal & interest$1,038
Property tax (est.)$167
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 24 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.