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Ground-Floor Retail Condominium
For Sale
$1,049,000

71 Bow St, Somerville, MA 02143

New retail condo delivered in shell condition with strong street-facing presence for flexible tenant buildout.

Property Size1,715 SF
Price / SF$611.66
Days on Market83

Property Features for 71 Bow St

General Information

Standard status Active
Size 1,715 SF
Property subtype Commercial

Additional Details

Multifamily Units 24

Taxes and HOA fees

Annual Taxes $11,348

Building Details

Year Built 2024
Stories 5
Listing Agency: ABG Realty
Listed By: Clare Thompson
Source: Classifiedrealtygroup
Added: Jun 3 Changed: Aug 23 Last Checked: Aug 24 at 3:45AM

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.

Newly constructed 1,715 SF ground-floor retail condominium is located within a contemporary five-story mixed-use development. The space is delivered in shell condition, providing a flexible blank slate for an operator to design and finish to suit their concept. The unit benefits from strong street-facing frontage and supports multiple signage options.

Set in the Union Square area at 71 Bow St in Somerville, MA, the retail condo is positioned for visibility in an active pedestrian environment. The ground-floor location within a mixed-use property format can support retail uses that benefit from walk-up traffic and neighborhood footfall.

This offering is well suited for investors and operators looking for a retail unit they can tailor from shell condition. The configuration is designed to accommodate a range of retail tenants, with the street-level placement and frontage intended to help establish brand presence. For anyone seeking a hands-on buildout opportunity in a modern mixed-use setting, the unit’s flexibility and storefront focus provide a practical foundation.

Key Highlights

  • Newly built 1,715 SF ground‑floor retail condominium in a five‑story mixed‑use development
  • Delivered in shell condition for flexible tenant buildout
  • Provides strong street‑facing presence with street frontage and high pedestrian traffic

Property Analytics

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

24
Residential units

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

Market

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 - New retail condo delivered in shell condition with strong street-facing presence for flexible tenant buildout.
Where is this retail space located?
The property is located at 71 Bow St Somerville, MA.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Newly built 1,715 SF ground‑floor retail condominium in a five‑story mixed‑use development; Delivered in shell condition for flexible tenant buildout; Provides strong street‑facing presence with street frontage and high pedestrian traffic
More about this property
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