193 Broadway, Somerville, Massachusetts 02145

$1,849,999
List Price
$1,849,999
Price Change
▼ $150,000 1583878008
MLS#
72575638
Lot Size
3,482
County
Middlesex
Year Built
1900
Status
ACTIVE

Property Description

RARE OPPORTUNITY:  3-unit building PLUS exceptionally popular famous Louie's ice-cream shop located in one of the hottest spots in Somerville! CASH COW BUSINESS INCLUDING EQUIPMENT & REAL ESTATE...the ONLY neon sign and grandfathered take out windows (5) in the entire city! Louie's ice-cream is a landmark, the neighborhood icon, with two cute picnic table during & outside area in the summer. It's well known for fruit slush and yummy ice-cream. Deli table, functioning kitchen, ice cream fridges, fruit slush machine, large walking fridges, etc. Ice-cream equipment to stay. Zoned f/24 seating. Three large apartments: Living/Dining/3BR/1bth/Eat-in Kitchens & Pantry. Rent is low ($2100) TAW... all units are rented to same tenants for many years.1st/2nd floors need some TLC...3rd floor in good shape. ALL UNITS: hardwood flooring, gas cooking, spacious layout. High visibility location, walk to Assembly Row Mall & 1 block from Rt. 93, bus stop to Sullivan Sq Orange Line!

Additional Information

Days on Market
188
Taxes
$22,596
Tax Year
2019
Acres
0.08
Disclosures
Large three rental apartments above Louie's ice cream place. It is a primarily cash business...no verifiable numbers, only equipment...no representations will be made regarding the income or business expenses. Notice is required for all showings.

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Listing courtesy of Steve Bremis Realty Group.

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