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- LoopNet Team
337-341 Somerville Ave
Somerville, MA 02143
Retail Property For Sale
Investment Highlights
- Retail opportunity at Union Square's Bow Market
- Multiple approved outdoor dining areas
- 4,400 SF street level retail space with 1,700 SF lower level
- High ceilings, open space, great frontage and visibility
Executive Summary
ABG Realty is pleased to present 4,400 SF Retail/Flex Commercial Condo Available for Sale In Union Square, Somerville! Additional 1900 SF of lower level space -- 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.
PROPERTY FACTS
| Property Type | Retail | No. Stories | 2 |
| Property Subtype | Storefront Retail/Office | Year Built | 1920 |
| Building Class | C | Clear Ceiling Height | 10 FT |
| Lot Size | 0.70 AC | APN / Parcel ID | SOME-000074-C000000-000004 |
| Gross Leasable Area | 13,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Building Class | C |
| Lot Size | 0.70 AC |
| Gross Leasable Area | 13,000 SF |
| No. Stories | 2 |
| Year Built | 1920 |
| Clear Ceiling Height | 10 FT |
| APN / Parcel ID | SOME-000074-C000000-000004 |
Amenities
- Air Conditioning
zoning
| Zoning Code | CBD (Commercial Business District) |
| CBD (Commercial Business District) |
Learn More About Investing in Retail Properties
