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

C1-71 Bow St, Somerville, MA 02143

Shell delivery gives occupants flexibility to configure the space for a range of uses.

Space Size1,715 SF
Days on Market19

Property Features for C1-71 Bow St

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
Furnished No

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $11,348

Amenities

signage options

Building Details

Stories 5
Construction contemporary
Listing Agency: ABG Realty
Listed By: Clare Thompson · License #7492
Source: Exprealty
Added: Sep 17 Changed: Oct 1 Last Checked: Oct 5 at 7:53PM

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 newly built retail condominium contains 1,715 square feet on the ground floor of a five-story mixed-use property. The unit is delivered in shell condition, allowing the interior to be configured for a range of uses. Signage options are available.

At C1-71 Bow St in Somerville’s Union Square area, the property has street frontage and pedestrian activity. The development, LOEN Residences, includes 24 luxury condominiums, all of which sold out.

Key Highlights

  • 1,715 SF retail condominium
  • Ground‑floor space in a newly constructed, five‑story mixed‑use development
  • Delivered in shell condition

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Nail Salon (Bike/Boat/Book/etc) Store Nursing Home

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,606
Businesses Nearby
214k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 43% Superstores 35% Dining 14% Shops & Services 9%
Target Superstores
74,182 visits/mo 0.4 miles
Market Basket Groceries
72,973 visits/mo 0.2 miles
Burger King Dining
21,589 visits/mo 0.4 miles
Whole Foods Market Groceries
18,016 visits/mo 0.4 miles
Dunkin' Donuts Dining
7,431 visits/mo 0.2 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

Lease Benchmarks for Somerville, MA

$45.43 /SF/Yr
Avg Asking Price
$35–$70.46 /SF/Yr
Price Range
3,149 SF
Avg Space Size

This space is priced 23% below the average of $45.43 /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 delivery gives occupants flexibility to configure the space for a range of uses.
Where is this retail space located?
The property is located at C1-71 Bow St 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 retail condominium; Ground‑floor space in a newly constructed, five‑story mixed‑use development; Delivered in shell condition
More about this property
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