Retail Space
337 Somerville Avenue 2 Somerville, MA 02143
Details & Description
Call for Pricing
    4,400 SF Retail/Office Commercial Condo Available for Sale In Union Square, Somerville! Additional 1900 SF of lower level space with 8ft' ceiling height. This presents a unique opportunity to join Somerville's premiere shopping and entertainment destination. Bow Market neighbors in the rear and connects via outdoor courtyard. The space boasts high ceilings and an open floor plan allowing for a plethora of potential uses and configurations. 'Condo 2' maintains rights to the exclusive use of multiple outdoor/exterior spaces - both in the rear courtyard and front of Somerville Ave. The site is a short 3 minute walk to the new GLX Union Square transit station. As part of the Green Line Extension US2, a Chicago based developer, has partnered with USAA and the City of Somerville to Master Plan Union Square with more than 2.4MM SF of mixed use development. Phase one of the $1.5B project commences Q1 2020.
    Listing Agents
    Stephanie Deering

    O: 617-492-9900
    M: 781-608-5964
    sdeering@abgrealty.com
    Toni Shelzi
    ABG Commercial
    accounts@abgrealty.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    337 Somerville Avenue 2

    Somerville, MA 02143

    Listing ID: 227741
    • 337 Somerville Avenue 2 Somerville, MA 02143 | for Sale | Photo 1
    • 337 Somerville Avenue 2 Somerville, MA 02143 | for Sale | Photo 2
    337 Somerville Avenue 2 | for Sale | Thumbnail 1
    337 Somerville Avenue 2 | for Sale | Thumbnail 2
    Building Size: 4,400 SF
    Lot Size: 0.670 AC
    Land Size: 29,185 SF
    Building $/SF: --
    Land $/SF: --
    Price
    Call for Pricing
    Description
    4,400 SF Retail/Office Commercial Condo Available for Sale In Union Square, Somerville! Additional 1900 SF of lower level space with 8ft' ceiling height. This presents a unique opportunity to join Somerville's premiere shopping and entertainment destination. Bow Market neighbors in the rear and connects via outdoor courtyard. The space boasts high ceilings and an open floor plan allowing for a plethora of potential uses and configurations. 'Condo 2' maintains rights to the exclusive use of multiple outdoor/exterior spaces - both in the rear courtyard and front of Somerville Ave. The site is a short 3 minute walk to the new GLX Union Square transit station. As part of the Green Line Extension US2, a Chicago based developer, has partnered with USAA and the City of Somerville to Master Plan Union Square with more than 2.4MM SF of mixed use development. Phase one of the $1.5B project commences Q1 2020.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Boston History of Retail Space for Sale

    Somerville Area Market Trends

    Listing Demographics for 337 Somerville Avenue 2 Somerville, MA 02143

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population69,642473,2521,029,917
    Population Median Age363536
    Population by Age0-9 Yrs5283 (7%)34413 (7%)93459 (9%)
    10-19 Yrs4471 (6%)49704 (10%)105408 (10%)
    20-29 Yrs20947 (30%)141762 (29%)257539 (25%)
    30-39 Yrs15303 (21%)89594 (18%)187224 (18%)
    40-49 Yrs7498 (10%)44033 (9%)110505 (10%)
    50-59 Yrs5948 (8%)42537 (8%)106818 (10%)
    60-69 Yrs5251 (7%)36373 (7%)85857 (8%)
    70+ Yrs4940 (7%)34835 (7%)83108 (8%)
    Median HH Income$94,152$91,904$84,302
    Total Household Income< 24K4287 (14%)36318 (18%)80848 (19%)
    25-49K3514 (11%)24485 (12%)57057 (13%)
    50-74K3842 (13%)23556 (11%)52323 (12%)
    75-99K3984 (13%)20862 (10%)44947 (10%)
    100-199K9513 (32%)55853 (28%)112930 (27%)
    200K+4249 (14%)35860 (18%)65805 (15%)
    Highest Education LevelNo Diploma46802465274837
    Diploma or GED660839695118251
    Some College44422763676564
    Assoc. Degree1500985927569
    Bachelors Degree16550102027204116
    Higher Degree19112121440217993
    Total Housing Units31,682216,891449,003
    --Owner-Occupied9,92565,626152,190
    --Renter-Occupied19,464131,309261,720
    Owner-Occupied Values< 100K16610782532
    100-199K1038342532
    200-299K33524068902
    300-399K863566018655
    400-499K1149796822132
    500K+73104768097437
    Total Working Age Population62,357424,329889,516
    In Work Force48,225300,775630,430
    Not In Work Force14,132123,554259,086
    Workforce Employed46,571286,768599,051
    Workforce Unemployed1,64313,37630,222
    Civlian Workforce48,213300,143629,274
    Military Workforce126311,156
    Total Households29,389196,935413,911
    Family Households12,36481,301197,106
    Non-Family Households17,025115,634216,805
    Married Couple9,33361,663138,438
    Other Family3,03219,63858,668
    Married w/Child3,42520,82453,383
    Single Male w/Child1781,9745,496
    Single Female w/Child1,1306,53121,129

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Massachusetts6,349,097+36,547,629+66,933,887+47,225,472
    Essex County723,419+3743,159+6790,035+3816,022
    Middlesex County1,465,396+31,503,085+71,613,961+51,686,641
    Norfolk County650,308+3670,850+7718,394+7765,912
    Plymouth County472,822+5494,919+5518,508+3534,464
    Suffolk County689,807+5722,023+14821,840+10900,586

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the building size of this Retail property in Somerville, MA?
    The size of the building/unit at 337 Somerville Avenue 2 in Somerville is 4,400 square feet
    How much land does the Somerville, MA property at 337 Somerville Avenue 2 include?
    337 Somerville Avenue 2 in Somerville includes 0.670 acres of land
    What kind of Retail is the propery at 337 Somerville Avenue 2?
    The property at 337 Somerville Avenue 2 Somerville, MA 02143 is listed as a Other Retail Retail property
    What is the population within 1 mile of 337 Somerville Avenue 2 in Somerville?
    The population within 1 mile of 337 Somerville Avenue 2 Somerville, MA 02143 is 69,642 people.
    Who do I contact for questions about 337 Somerville Avenue 2?
    You should contact the listing agent, Stephanie Deering, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    General Edward Lawrence Logan International Airport (BOS) 5
    Manchester-Boston Regional Airport (MHT) 42
    Theodore Francis Green State Airport (PVD) 48