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Retail Space Near University Campus
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340 Boston Ave, Medford, MA 02155

Compact retail space positioned along a busy corridor serving nearby residential communities, campus users, and transit riders.

Space Size550 SF
Days on Market58

Property Features for 340 Boston Ave

General Information

Standard status Active
Size 550 SF
Property subtype RETAIL

Additional Details

Space Use Retail

Spaces For Lease

at 340 Boston Ave
340 Boston Ave AVAILABLE, Now
Floor 1
Size 550 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- 348 Boston Avenue is situated along one of the busiest corridors in the neighborhood which connects the dense residential neighborhoods of Medford, Somerville, and Arlington. This building is located across from the newly constructed residential Hall, with 660 units, as well as Dowling Hall, which is the main entry building and parking garage to the Tufts campus welcoming a blend of students, faculty, residents and visitors from around the world. Additionally, it is a 5-minute walk to the MBTA Green Line station that has now been in operation for three years. - Available for the first time in decades, the retail space at 348 Boston Avenue presents a rare opportunity to join the Tufts University community while also benefitting from the dense residential neighborhoods connected by this busy corridor.
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Listing Agency: Graffito
Listed By: Angela VanArsdale
Source: Moodyscre
Added: Aug 21 Changed: Oct 14 Last Checked: Oct 16 at 8:29AM

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 Graffito

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Investment Insights

Based on property information with market context.

This 550-square-foot retail space is positioned along Boston Avenue within a corridor connecting the residential communities of Medford, Somerville, and Arlington. The property sits across from Hall, a newly constructed residential building with 660 units, and Dowling Hall, which serves as the main entry building and parking garage for the Tufts campus.

The location is also a 5-minute walk from an MBTA Green Line station that has been operating for three years. Its setting places the space within reach of students, faculty, residents, visitors, and the surrounding residential population.

Key Highlights

  • 550‑square‑foot retail space
  • Across from Hall, a residential building with 660 units
  • Adjacent to Dowling Hall, the main entry building and parking garage for the Tufts campus

Property Analytics

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Current Use

Tamper Cafe Cafe & Coffee Shop

Suggested Use

Top Pick Parking Lot & Garage Food Market Pharmacy Grocery & Convenience Store Computer & Electronic Repair Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

1,703
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Dunkin' Donuts Dining
5,800 visits/mo 0.0 miles

Demographics for 02155, MA

61,483
Population
25,893
Households
2.4
Avg Household Size
36
Median Age
58%
College-Educated
93%
High-School Grad
8.2 sq mi
ZIP Area
7,498
Density / Sq Mi
$118,403
Median Household Income
$60,825
Median Earnings
$2,483
Median Rent
$715,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 - Compact retail space positioned along a busy corridor serving nearby residential communities, campus users, and transit riders.
Where is this retail space located?
The property is located at 340 Boston Ave Medford, MA.
What are key features of this property?
This property features: 550‑square‑foot retail space; Across from Hall, a residential building with 660 units; Adjacent to Dowling Hall, the main entry building and parking garage for the Tufts campus
(978) 766-5142 Call to check price and availability
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