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Retail Space in Union Square
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495 Columbia St, Somerville, MA 02143

Retail space available in Somerville's emerging life science cluster.

Space Size1,021 SF
Property Size336,000 SF
Days on Market161

Property Features for 495 Columbia St

General Information

Standard status Active
Size 1,021 SF
Property subtype Retail, Office

Building Details

Building Size 336,000 SF
Tenancy Multiple

Spaces For Lease

at 495 Columbia St Contact us

Available Space

Size
1,021 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: CBRE - Boston
Listed By: Rob Robledo · License #MA RES.0777085
Source: Crexi
Added: Mar 14 Changed: Aug 17 Last Checked: Aug 20 at 10:05AM

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 CBRE - Boston

Investment Insights

Based on property information with market context.

This retail space is located within the Boynton Gateway development in Union Square, Somerville. The development, designed by SGA, aims to integrate cutting-edge lab facilities with dynamic commercial space and vibrant retail offerings on a reactivated street front. The location provides access to a diverse array of food, bars, entertainment, and conveniences within walking distance. The area is intended to foster a community of creators, food enthusiasts, artists, small business owners, and innovators.

Key Highlights

  • Located in Union Square, a vibrant community hub for creators, foodies, artists, and innovators.
  • Walking distance to a diverse array of food, bars, entertainment, and conveniences.
  • Designed by SGA, a leading architectural firm.

Property Analytics

Current Use

Somerville Tow Auto Repair Shop JURA Bio, Inc. Corporate Office

Suggested Use

Top Pick Nail Salon Nursing Home Carpet & Flooring Store Home Appliance Store (Bike/Boat/Book/etc) Store Veterinary Clinic

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

3,767
Businesses Nearby
229k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 32% Shops & Services 31% Apparel 13% Dining 13%
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 0.4 miles
Burger King Dining
21,589 visits/mo 0.3 miles
Whole Foods Market Groceries
18,016 visits/mo 0.5 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

Market

Lease Benchmarks for Somerville, MA

$52.29 /SF/Yr
Avg Asking Price
$45–$70.46 /SF/Yr
Price Range
2,222 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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in Somerville's emerging life science cluster.
Where is this retail space located?
The property is located at 495 Columbia St Somerville, MA.
What are key features of this property?
This property features: Located in Union Square, **a vibrant community hub** for creators, foodies, artists, and innovators.; Walking distance to a diverse array of food, bars, entertainment, and conveniences.; Designed by SGA, a leading architectural firm.
(617) 912-6869 Call to check price and availability
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