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

71 Bow Street, Somerville, MA 02143

Newly constructed ground-floor retail condo delivered in shell condition with street-facing frontage.

Property Size1,715 SF
Price / SF$611.66
Days on Market126

Property Features for 71 Bow Street

General Information

Standard status Active
Size 1,715 SF
Property subtype Commercial

Additional Details

Multifamily Units 24

Building Details

Year Built 2024
Stories 5
Listing Agency: ABG Realty
Listed By: Clare Thompson
Source: Wilsonwolfe
Added: May 3 Changed: Sep 4 Last Checked: Sep 5 at 8:44AM

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 retail condominium is located on the ground floor of a contemporary five-story mixed-use development. The space is delivered in shell condition, providing a flexible, blank-slate layout suitable for a range of retail buildouts. The configuration is set up to take advantage of street-facing presence, with signage opportunities associated with the frontage.

The property is positioned in the Union Square area at 71 Bow Street, Somerville, MA 02143, with the development designed to capture significant pedestrian activity. The mixed-use project also includes residential units, with the LOEN Residences having sold out all 24 luxury condominiums.

Offered for sale, this retail condominium provides a newly constructed, street-fronting footprint within a mixed-use setting, ready for an operator to finish the space to their specifications.

Key Highlights

  • Newly constructed 1,715 SF ground‑floor retail condominium in a five‑story mixed‑use development
  • Delivered in shell condition, offering a flexible blank‑slate space for a variety of retail uses
  • Street‑facing frontage with plenty of signage options

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Nail Salon Dental Office Accounting Firm 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 - Newly constructed ground-floor retail condo delivered in shell condition with street-facing frontage.
Where is this retail space located?
The property is located at 71 Bow Street 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 constructed 1,715 SF ground‑floor retail condominium in a five‑story mixed‑use development; Delivered in shell condition, offering a flexible blank‑slate space for a variety of retail uses; Street‑facing frontage with plenty of signage options
More about this property
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