Retail Spaces in Somerville | Reonomy

Retail Spaces in Somerville

Unlock property data on 279 retail spaces in Somerville. Search through Somerville property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Popular searches around Somerville

Reonomy attracts a large community of Somerville commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in retail spaces.

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Somerville retail space sold prices and values

Values and sold prices (last 24 months) United States Massachusetts Somerville
Average price/sqft -- -- --
Average sold price $1,491,044 $1,915,170 $5,265,344
Median sold price $199,997 $521,064 $3,172,262
Number of sales 183,250 2,287 27
Number of sales over $250k 85,390 1,642 25
Number of sales over $1m 40,293 720 22
Number of sales over $10m 3,803 74 3
Average total tax amount $16,878 $21,432 $20,527
Average assessed value $663,183 $988,341 $1,308,526
Average market value $866,604 $988,341 $1,308,526

Somerville retail space property averages

Property averages United States Massachusetts Somerville
Average lot size 516,926 sf 53,531 sf 17,238 sf
Median lot size 20,000 sf 16,402 sf 6,098 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1972 1959 1920
Average number of units 17 2 1
Median number of units -- -- --

Somerville retail space total supply

Supply United States Massachusetts Somerville
Number of parcels 1,892,494 29,199 279
Aggregate lot acerage 35,566,642 26,725 81
Aggregate building area -- -- --
Aggregate units 7,428,871 42,263 413

Somerville retail space industrial mortgages

Debt United States Massachusetts Somerville
Number of mortgages 2,823,910 62,019 674
Average value of mortgages $18,897,738 $4,058,539 $3,671,499

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