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Corner Retail Space

149-153 Washington, Somerville, MA 02143

For Lease
New
$35 SF/Yr

The street-level layout can serve one occupant or be divided into two smaller suites.

Space Size725 SF - 1,450 SF
Days on Market3

Property Features for 149-153 Washington

General Information

Standard status Active
Size 725 SF - 1,450 SF
Net Rentable 1,450 SF
Property subtype COMMERCIAL

Space & Availability

Available Space 725-1,450 SF
Contiguous Space 1,450 SF
Divisible Yes
Floor Ground

Site & Location

Neighborhood Inner Belt District
Corner Location Yes

Taxes and HOA fees

Annual Taxes $9,999

Amenities

natural light
public transportation access

Building Details

Building Size 750 SF
Listing Agency: Red Tree Real Estate
Listed By: Adam Kotkin · License MA RE-B-9510337
Source: Madelyngarciarealestate
Added: Nov 10 Changed: Nov 12 Last Checked: Nov 12 at 2:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Red Tree Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This corner retail space occupies the ground level of a building at 149-153 Washington in Somerville. The approximately 1,450 SF interior can be used as one space or divided into two units of approximately 725 SF each. Natural light enters the space, and its corner position offers street exposure for signage.

The property is on a major traffic route in an active commercial corridor, with vehicle and pedestrian traffic and access to public transportation.

Key Highlights

  • Approximately 1,450 SF of street‑level retail space
  • Can be configured as one space or two units of approximately 725 SF each
  • Corner position with natural light and signage potential

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Accounting Firm Clothing & Fashion Store Skin Care Clinic (Bike/Boat/Book/etc) Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,874
Businesses Nearby
197k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 38% Shops & Services 27% Apparel 16% Dining 15%
Target Superstores
74,182 visits/mo 0.2 miles
Marshalls Apparel
25,730 visits/mo 0.4 miles
Dollar Tree Shops & Services
24,950 visits/mo 0.5 miles
Burger King Dining
21,589 visits/mo 0.1 miles
Dunkin' Donuts Dining
7,431 visits/mo 0.2 miles

Demographics for 02143, MA

26,022
Population
12,901
Households
2
Avg Household Size
33
Median Age
74%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
17,348
Density / Sq Mi
$126,102
Median Household Income
$73,055
Median Earnings
$2,424
Median Rent
$930,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Somerville, MA

$42.49 /SF/Yr
Avg Asking Price
$24–$70.46 /SF/Yr
Price Range
2,944 SF
Avg Space Size

This space is priced 18% below the average of $42.49 /SF/Yr.

Properties on Market for Retail space in Somerville

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The street-level layout can serve one occupant or be divided into two smaller suites.
Where is this retail space located?
The property is located at 149-153 Washington Somerville, MA.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Approximately 1,450 SF of street‑level retail space; Can be configured as one space or two units of approximately 725 SF each; Corner position with natural light and signage potential
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