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Retail Space in Boynton Gateway
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495 Columbia Street, Somerville, MA 02143

Retail space available in integrated life science property.

Space SizeContact for details
Days on Market170

Property Features for 495 Columbia Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Boston
Listed By: Rob Robledo · License #RES.0777085
Source: Cbre
Added: Mar 16 Changed: Aug 23 Last Checked: Aug 31 at 1:52PM

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 1,021 square foot retail space is located at 495 Columbia Street in Somerville, MA. The property, Boynton Gateway, is an integrated life science property. It offers connections to the developments of Union Square and Somerville.

Key Highlights

  • Integrated life science property
  • Purpose‑built for leading minds
  • Connects to Union Square developments

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 integrated life science property.
Where is this retail space located?
The property is located at 495 Columbia Street Somerville, MA.
What are key features of this property?
This property features: Integrated life science property; Purpose‑built for leading minds; Connects to Union Square developments
More about this property
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