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Ground-Floor Retail Condominium
For Lease
$35 SF/Yr

71 Bow S Unit C1, Somerville, MA 02143

Shell-condition space offers flexible buildout within a newly constructed mixed-use development.

Space Size1,715 SF
Days on Market13

Property Features for 71 Bow S Unit 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

Amenities

signage options

Building Details

Year Built 2024
Stories 5
Construction contemporary
Listing Agency: ABG Realty
Listed By: Clare Thompson
Source: Fairfieldrealtyboston
Added: Sep 14 Changed: Sep 24 Last Checked: Sep 24 at 9:57AM

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 at 71 Bow S, Unit C1. Delivered in shell condition, the premises provide a flexible starting point for a customized retail buildout, with multiple signage opportunities and direct street exposure.

The property is positioned in Somerville’s Union Square area, within the LOEN Residences development. The residential component includes 24 luxury condominiums, which have sold out. High pedestrian activity and the ground-floor placement support a visible storefront presence in an urban setting.

Key Highlights

  • 1,715 SF ground‑floor retail condominium
  • Built in 2024 within a five‑story mixed‑use development
  • Shell condition supports a customized 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

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

$46.92 /SF/Yr
Avg Asking Price
$35–$70.46 /SF/Yr
Price Range
3,328 SF
Avg Space Size

This space is priced 25% below the average of $46.92 /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 space offers flexible buildout within a newly constructed mixed-use development.
Where is this retail space located?
The property is located at 71 Bow S Unit 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; Built in 2024 within a five‑story mixed‑use development; Shell condition supports a customized buildout
More about this property
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