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71 Bow St # 1, Somerville MA 02143

Somerville, MA 02143 • Union Square
$1,105,000
Est. $7,396/month
1,715
Sq Ft
$644
Price/Sq Ft
0.25
Acres
2024
Year Built
221
Days on Market
Active Price Drop -$40,000 Listed Jul 15, 2025 • MLS# 73404746 Copied!

About this home

Newly constructed 1,715 SF retail condominium occupies a prime ground-floor location in a contemporary five-story mixed-use development. Located in the lively Union Square area, the LOEN Residences quickly sold out all 24 luxury condominiums. Offering excellent street frontage and high pedestrian traffic, the space provides maximum visibility, ideal for investors or operators seeking to establish a strong presence. Delivered in shell condition, it offers a flexible blank slate, accommodating a variety of potential uses. With plenty of signage options and a prime, high-traffic location, this retail condominium is ideal for both established brands and innovative startups looking to grow in a vibrant urban environment.

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Property Overview

Listing Type
Commercial Sale
Year Built
2024
Living Area
1,715 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 2024
Living Area 1,715 sq ft
Lot Size 0.25 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $11,348
HOA Yes
HOA Fee $663

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 2024
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

Union Square

71 Bow St # 1, Somerville MA 02143

Somerville, MA 02143

Walkability

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Nearby Schools

School District
Somerville School District local
B-
School Safety 2024-25
2.5% Average
1.4% Suspensions 2.2% In-School 1.1% Emergency
3.0% below state avg
E

Elementary Schools

9 schools
B+
Albert F. Argenziano School at Lincoln Park
0.2 mi | #134 of 352 | Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students Diverse
Rising School Diverse Student Body
Grades PK-08
St. Theresa of the Child Jesus School
0.6 mi
Grades PK-08
C+
East Somerville Community School
0.7 mi | #245 of 352 | Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students Diverse
Grades PK-08
C-
Winter Hill Community School
0.7 mi | #287 of 352 | Score: 32.6
Dropped 15 spots from last year
-25.7 below state avg
388 students Diverse
Diverse Student Body
Grades PK-08
A
John F Kennedy School
1.0 mi | #50 of 352 | Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students Diverse
Grades PK-08
C+
Arthur D Healey School
1.1 mi | #236 of 352 | Score: 37.5
Improved 27 spots from last year
-20.7 below state avg
482 students Diverse
Rising School Diverse Student Body
Grades PK-08
Capuano Early Childhood Center
0.7 mi
250 students Very Diverse
Diverse Student Body
Grades PK-01
A+
Benjamin G Brown School
1.3 mi | #78 of 824 | Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
1.8 mi
Grades PK-K
M

Middle Schools

1 school
Next Wave Junior High School
0.4 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

2 schools
F
Full Circle High School
0.4 mi | #344 of 346 | Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
0.4 mi | #131 of 346 | Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students Diverse
17 sports • 1,566 athletes
Rising School Career Tech Programs Strong Athletics Diverse Student Body
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $946
Homeowners Insurance $200
HOA Fee $663/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jul 15, 2025
$1,105,000
Original listing
Agent: Clare Thompson Office: ABG Realty

Price & Status History

Date Event Price Change
Jul 15, 2025 New Listing Added $1,105,000

Market Statistics

Days on Market
221 days
Price per Sq Ft
$644
Total Price Drop
-$40,000

Tax History

Year Taxes Assessment
2025 $11,348

Financial Details

Annual Property Tax
$11,348
Tax Year 2025
HOA Fee
$663
Per month

Listing Information

Agent MLS ID CN241272
Office MLS ID NB2563
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Somerville, MA

Real-time market trends and pricing data for this area

71 Bow St # 1, Somerville MA 02143 - Photo 1 71 Bow St # 1, Somerville MA 02143 - Photo 2
Steven Novak

Steven Novak

BMN Boston Real Estate

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