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$3,000
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
MLS Listing ID 73370231
HOA Y/N false
Year Built 1930
Annual Tax Amount $16,381
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Prime retail or restaurant opportunity in the heart of Magoun Square! Located at 514 Medford Street in Somerville, this wide-open space offers exceptional visibility in a high-foot-traffic, transit-connected neighborhood. Just minutes from the Green Line extension, it's perfect for attracting both locals and commuters. The interior is flooded with natural light from large skylights, creating a bright, welcoming atmosphere ideal for a café, boutique, or vibrant dining concept. Magoun Square is a fast-growing hub known for its convenience, diverse mix of businesses, and strong community vibe—making it a hotspot for new ventures. This is your chance to establish a standout presence in one of Somerville's most exciting neighborhoods!
Location
State MA
County Middlesex
Zoning MR4
Direction Broadway to Medford Street
Others
Senior Community false
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Listed by Coldwell Banker Realty - Weston