Somerville, MA Dennis Kelleher and John Pentore of Horvath & Tremblay completed the sale of 1 Beacon St. for $3.425 million. Kelleher and Pentore exclusively represented the seller, 1-3a Beacon St LLC, and buyer, 42 North Capital, LLC.
1 Beacon St. is a three-story, mixed-use property containing two, street-level retail units (Starlight Lounge and Parlor Sports) and four, three-bedroom residential units. The property contains 7,010 s/f of livable area, within 10,596 s/f of gross area, on a .13-acre corner lot. The Beacon St. asset is located one block from the Inman Sq. intersection at Cambridge and Hampshire Sts. The high-density neighborhood is home to services, retailers, dining, drinking and entertainment options, all of which make Inman Sq. one of the most desirable places to live in the area.