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Divisible Retail Space
For Lease
$2,800/Mo

362-376 Mystic Ave, Somerville, MA 02145

The space can be configured as two suites, each with its own entrance.

Space SizeContact for details
Days on Market78

Property Features for 362-376 Mystic Ave

General Information

Standard status Active
Property subtype COMMERCIAL

Building Details

Year Built 2024
Listing Agency: eXp Realty LLC
Listed By: Jaqueline Genao
Source: Peridot-properties
Added: Aug 15 Changed: Oct 31 Last Checked: Oct 31 at 3:19AM

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 eXp Realty LLC

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Investment Insights

Based on property information with market context.

This 1,500-square-foot retail space at 362-376 Mystic Ave in Somerville is undergoing build-out. The layout can remain as one space or be divided into two suites, with a separate entrance for each. The 2024-built property offers flexibility for a range of commercial configurations.

The space is part of a shopping plaza with parking areas at both the front and rear. Sullivan Square Station is a few minutes away.

Key Highlights

  • 1,500 SF retail space
  • Can be leased as one space or divided into two suites, each with a private entrance
  • Build‑out is underway, allowing for customization

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Accounting Firm Acupuncture (Bike/Boat/Book/etc) Store Storage Facility Nursing Home

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

1,586
Businesses Nearby
394k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 34% Groceries 23% Dining 16% Shops & Services 12%
Burlington Apparel
65,827 visits/mo 0.2 miles
Trader Joe's Groceries
46,819 visits/mo 0.3 miles
Stop & Shop Groceries
42,883 visits/mo 0.2 miles
Nike Factory Store Apparel
35,782 visits/mo 0.3 miles
Speedway Shops & Services
23,299 visits/mo 0.3 miles

Demographics for 02145, MA

27,520
Population
12,669
Households
2.2
Avg Household Size
33
Median Age
55%
College-Educated
89%
High-School Grad
1.4 sq mi
ZIP Area
19,657
Density / Sq Mi
$119,167
Median Household Income
$63,629
Median Earnings
$2,377
Median Rent
$784,900
Median Home Value

Market

Lease Benchmarks for Somerville, MA

$41.27 /SF/Yr
Avg Asking Price
$24–$70.46 /SF/Yr
Price Range
2,636 SF
Avg Space Size

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 space can be configured as two suites, each with its own entrance.
Where is this retail space located?
The property is located at 362-376 Mystic Ave Somerville, MA.
What is the lease rate?
The lease rate is $2,800/Mo.
What are key features of this property?
This property features: 1,500 SF retail space; Can be leased as one space or divided into two suites, each with a private entrance; Build‑out is underway, allowing for customization
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