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494 Medford Street, Somerville MA 02145

Somerville, MA 02145
$399,900
Est. $2,222/month
0.00
Acres
2025
Year Built
211
Days on Market
Active Listed Jul 28, 2025 • MLS# 73410352 Copied!

About this home

HIGH VISIBILITY! Retail/Office/Commercial space available in prime Magoun Square location! With street front access, 2 levels of space, and great ceiling height - this space is ready to make your own! This presents a unique opportunity to join Somerville's premiere shopping and entertainment venues. A short walk to the new Green Line Extension on Lowell Street and all major routes. Ample street parking!

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Property Overview

Listing Type
Commercial Sale
Year Built
2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 2025
Lot Size 0.0000

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 0.00

Interior Features

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

Construction & Materials

Year Built: 2025
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

494 Medford Street, Somerville MA 02145

Somerville, MA 02145

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

3 schools
B+
Missituk Elementary School
0.4 mi | #300 of 824 | Score: 50.8
Improved 77 spots from last year
-7.4 below state avg
418 students Diverse
Rising School Diverse Student Body
Grades PK-05
C+
Arthur D Healey School
0.4 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
A+
Benjamin G Brown School
0.6 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
M

Middle Schools

3 schools
Next Wave Junior High School
0.7 mi
16 students Diverse
Diverse Student Body
Grades 06-08
B+
Madeleine Dugger Andrews Middle School
1.1 mi | #128 of 352 | Score: 46.6
Improved 32 spots from last year
-11.6 below state avg
435 students Diverse
Rising School
Grades 06-08
B-
John J. McGlynn Middle School
1.2 mi | #206 of 352 | Score: 40.2
Improved 30 spots from last year
-18.1 below state avg
464 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
Curtis-Tufts School
0.5 mi
11 students Diverse
Diverse Student Body
Grades 09-12
F
Full Circle High School
0.7 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
0.7 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
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $0
Homeowners Insurance $200
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 28, 2025
$399,900
Original listing
Agent: Santana Team Office: Keller Williams Realty Boston Northwest

Price & Status History

Date Event Price Change
Jul 28, 2025 New Listing Added $399,900 —

Market Statistics

Days on Market
211 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $0 —

Financial Details

Annual Property Tax
$0
Tax Year 2025

Listing Information

Listing Agent Santana Team
Listing Office Keller Williams Realty Boston Northwest
Agent MLS ID TM008732
Office MLS ID BB5474
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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494 Medford Street, Somerville MA 02145 - Photo 1 494 Medford Street, Somerville MA 02145 - Photo 2 494 Medford Street, Somerville MA 02145 - Photo 3 494 Medford Street, Somerville MA 02145 - Photo 4 494 Medford Street, Somerville MA 02145 - Photo 5 494 Medford Street, Somerville MA 02145 - Photo 6 494 Medford Street, Somerville MA 02145 - Photo 7 494 Medford Street, Somerville MA 02145 - Photo 8 494 Medford Street, Somerville MA 02145 - Photo 9
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