Retail Space in Union
For Lease
Contact for pricing
495 Columbia Street, Somerville, MA 02143
Retail space available in Somerville's emerging life science cluster.
Space SizeContact for details
Days on Market220
Property Features for 495 Columbia Street
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE | Boston
Listed By:
Rob Robledo · License #0777085
(617) 912-6869
Source:
Cbre
Added: Mar 26
Changed: Oct 25
Last Checked: Oct 30 at 12:58PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,767
Businesses Nearby
229k
Monthly Visits Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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
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 Street 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.
