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Ground-Floor Retail Space
New
For Lease
$35 SF/Yr

71 Bow S C1, Somerville, MA 02143

Shell-condition commercial unit with street frontage, signage options, and flexibility for a range of retail operations.

Space Size1,715 SF
Days on Market5

Property Features for 71 Bow S C1

General Information

Standard status Active
Size 1,715 SF
Net Rentable 1,715 SF

Space & Availability

Available Space 1,715 SF
Contiguous Space 1,715 SF
Space Use Retail
Furnished No

Amenities

signage options

Building Details

Year Built 2024
Stories 5
Tenancy Multi
Listing Agency: ABG Realty
Listed By: Clare Thompson · License #7492
Source: Gooddeedsrealtypartners
Added: Sep 19 Last Checked: Sep 22 at 7:16PM

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 ABG Realty

Investment Insights

Based on property information with market context.

This 1,715 SF retail condominium occupies the ground floor of a newly constructed, five-story mixed-use development completed in 2024. The premises are delivered in shell condition, giving an operator or investor a clean interior starting point for a customized retail buildout. Street frontage and multiple signage opportunities support storefront presentation from the public realm.

The property is located at 71 Bow S C1 in Somerville’s Union Square area, within the LOEN Residences development. The residential component includes 24 luxury condominiums, all of which sold out, placing the retail space within an occupied mixed-use setting. The surrounding area is described as having high pedestrian activity, providing an urban context for retail and service-oriented operations.

Key Highlights

  • 1,715 SF ground‑floor retail condominium
  • New construction completed in 2024
  • Shell condition supports a customized interior buildout

Property Analytics

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Current Use

Loėn Condominium Complex

Suggested Use

Top Pick Law Firm Real Estate Agency Nail Salon Accounting Firm Dental Office Spa & Massage Center

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,250
Businesses Nearby
127k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 72% Dining 12% Shops & Services 12% Hotels & Casinos 5%
Market Basket Groceries
72,973 visits/mo 0.1 miles
Whole Foods Market Groceries
18,016 visits/mo 0.5 miles
Dunkin' Donuts Dining
7,580 visits/mo 0.3 miles
Dunkin' Donuts Dining
7,431 visits/mo 0.4 miles
Mobil Shops & Services
7,304 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
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Market

Lease Benchmarks for Somerville, MA

$51.69 /SF/Yr
Avg Asking Price
$45–$70.46 /SF/Yr
Price Range
3,865 SF
Avg Space Size

This space is priced 32% below the average of $51.69 /SF/Yr.

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 - Shell-condition commercial unit with street frontage, signage options, and flexibility for a range of retail operations.
Where is this retail space located?
The property is located at 71 Bow S C1 Somerville, MA.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 1,715 SF ground‑floor retail condominium; New construction completed in 2024; Shell condition supports a customized interior buildout
More about this property
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