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    495 Columbia St Somerville, MA 02143

    Sponsored
    For Lease
    Contact for pricing

    Prime Somerville Cafe Opportunity, 1021 sq ft.

    Lot size:
    336,000 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    329
    This exceptional 1,021 square foot retail space presents a unique cafe opportunity within the vibrant Boynton Gateway development in Somerville, Middlesex County. Located in a dynamic commercial area designed by SGA, this single-tenant space is part of a larger 336,000 square foot development strategically positioned within Somerville's burgeoning life science cluster. The property benefits from its location within a thriving community, offering easy access to a diverse range of amenities including food, bars, entertainment, and conveniences all within walking distance. Boynton Gateway's innovative design seamlessly integrates cutting-edge lab space with dynamic commercial areas and vibrant street-front retail, creating a lively and attractive environment for businesses. This prime location offers unparalleled visibility and accessibility, making it an ideal space for a cafe seeking to establish a strong presence in a rapidly growing and highly sought-after area. The space is ready for immediate occupancy and offers a blank canvas for a creative and successful cafe venture. The surrounding area is characterized by a community of forward-thinking individuals, including creators, foodies, artists, small business owners, and innovators. This presents a significant opportunity to tap into a highly engaged and supportive customer base.

    Property Features for 495 Columbia St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    336,000 SF

    Unit(s) available at that property

    Space
    Size
    1,021 SF

    HighLights

    • Retail cafe opportunity in Middlesex County.
    • Single‑tenant space totaling 1,021 square feet.
    • Located in Union Square's vibrant mixed‑use environment, near food, bars, and entertainment.
    • Part of the Boynton Gateway development, a leading Somerville life science cluster project with dynamic commercial and retail space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Somerville Tow Towing Service JURA Bio, Inc. Biotechnology Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0943779
    Latitude
    42.3750265

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    FAQs

    What type of property is this?
    Retail property - Prime Somerville Cafe Opportunity, 1021 sq ft.
    Where is this retail property located?
    The property is located at 495 Columbia St Somerville, MA.
    What are key features of this property?
    This property features: Retail cafe opportunity in Middlesex County.; Single-tenant space totaling 1,021 square feet.; Located in Union Square's vibrant mixed-use environment, near food, bars, and entertainment.
    Request Owner's contact information
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    Somerville, MA 02143
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    495 Columbia St Somerville, MA 02143
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