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$2,800

  • Sold
  • Closed
  • Commercial Lease
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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!

Full Property Details for 514 Medford St #C

General

  • Sold For: $2,800
  • Taxes: $16,381 (2025)
  • Status: Closed
  • Type: Commercial Lease
  • Source: MLSPin
  • MLS ID: 73422877
  • Added to Site: 142 day(s) ago

Business

  • Business Type: Commercial

Location

  • County: Middlesex
  • Driving Directions: Broadway to Medford Street

Structural Information

  • Year Built: 1930

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: .12
  • Zoning: Legal Non-Conforming

Financial Considerations

  • Tax Amount: $16,381
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Square footage is approximate and does not include basement, applicant to do own due diligence. Square footage does not include basement.
  • Property ID: 751831
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 514 Medford St #C —

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NMLS#: 1598647

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Schools serving 514 Medford St #C

School District:Somerville School District
NameGradesDistance
Somerville High School
81 Highland Avenue, Somerville, MA 02143
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 514 Medford St #C

Date
Details
Price
Change
Source
10/01/2025
Sold
$2,800
—
MLS
8/28/2025
Listed
$2,800
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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514 Medford St #C, Somerville, MA 02145 (MLS# 73422877) is a Commercial Lease property that was sold at $2,800 on October 01, 2025. This property was listed by Taylor Yates from our Weston Office.Want to learn more about 514 Medford St #C? Do you have questions about finding other Commercial Lease real estate for sale in Somerville? You can browse all Somerville real estate or contact a Coldwell Banker agent to request more information.