Modern, renovated retail space located in the heart of Union Square, at street level in the Flatiron Building. This cozy unit is 308 sq ft but the 12 ft ceilings and wall of windows make it bright and sunny, creating a spacious feeling. Turnkey space in a high-demand area. Recessed lighting, tiled flooring, cable/internet (Comcast Business), ductless mini split for heating/cooling. This prime location attracts tons of foot/bike and drive by traffic. Minutes to Union Square Green Line "T" stop. Great opportunity for new or existing business, professional office (attorney, architect, etc.). Retail 1 space at front of the bldg is a take-out bakery, just opened. The space has never been rented, but X's Grok AI gave estimate of $1400-1500/month.
70 Prospect St, #2, Somerville, (Union Square), MA, 02143
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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