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70 Prospect St # 2, Somerville MA 02143

Somerville, MA 02143 • Union Square
$1,275
Est. $445/month
22.96
Acres
2015
Year Built
82
Days on Market
Active Price Drop -$175 Listed Dec 4, 2025 • MLS# 73459944 Copied!

About this home

Modern, renovated retail space located in the heart of Union Square, at street level in the Flatiron Building. This cozy unit is 308 sq ft but the 12 ft ceilings and wall of windows make it bright and sunny, creating a spacious feeling. Turnkey space in a high-demand area. Recessed lighting, tiled flooring, cable/internet (Comcast Business), ductless mini split for heating/cooling. This prime location attracts tons of foot/bike and drive by traffic. Minutes to Union Square Green Line "T" stop. Great opportunity for new or existing business, professional office (attorney, architect, etc.). Retail 1 space at front of the bldg is a take-out bakery, just opened.

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Property Overview

Listing Type
Commercial Lease
Year Built
2015

Facts & Features

Home Facts

Type Commercial Lease
Year Built 2015
Lot Size 22.96 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 Public Water, Public Sewer

Financial

Annual Tax $1,949
HOA Yes
HOA Fee $76

Interior Features

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

Construction & Materials

Year Built: 2015
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

70 Prospect St # 2, 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

3 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
C+
King Open School
0.4 mi | #500 of 824 | Score: 44.7
Dropped 179 spots from last year
-13.5 below state avg
391 students Very Diverse
Diverse Student Body
Grades PK-05
A-
Cambridgeport School
0.5 mi | #212 of 824 | Score: 54.3
Improved 94 spots from last year
-3.9 below state avg
263 students Very Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

3 schools
C+
Cambridge Street Upper School
0.4 mi | #214 of 352 | Score: 39.8
Dropped 26 spots from last year
-18.4 below state avg
301 students Very Diverse
Diverse Student Body
Grades 06-08
B+
Darby Vassall Upper School
0.7 mi | #118 of 352 | Score: 47.5
Improved 26 spots from last year
-10.7 below state avg
298 students Very Diverse
Rising School Diverse Student Body
Grades 06-08
Next Wave Junior High School
0.7 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
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
B-
Community Charter School of Cambridge
0.8 mi | #178 of 346 | Score: 53.1
Dropped 57 spots from last year
-5.2 below state avg
251 students Diverse
7 sports • 202 athletes
High Graduation Rate College Ready Curriculum
Grades 06-12
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
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $162
Homeowners Insurance $200
HOA Fee $76/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

Market Insights

2
Price Changes
12.1%
Price Range

Property Timeline

↓
Price Reduced
Feb 6, 2026
$1,275 $100 (-7.27%)
From $1,375 to $1,275 (-7.3%)
↓
Price Reduced
Jan 2, 2026
$1,375 $75 (-5.17%)
From $1,450 to $1,375 (-5.2%)
🏠
Listed for Sale
Dec 4, 2025
$1,450
Original listing
Agent: Willard Cunningham Office: Skymax Realty

Price & Status History

Date Event Price Change
Feb 24, 2026 Sold $179,000 —
Feb 6, 2026 Price Changed $1,275 -$100
Jan 2, 2026 Price Changed $1,375 -$75
Dec 4, 2025 New Listing Added $1,450 —

Market Statistics

Days on Market
82 days
Price per Sq Ft
$—
Total Price Drop
-$175

Tax History

Year Taxes Assessment
2024 $1,949 —

Financial Details

Annual Property Tax
$1,949
Tax Year 2024
HOA Fee
$76
Per month

Listing Information

Listing Agent Willard Cunningham
Listing Office Skymax Realty
Agent MLS ID BB805183
Office MLS ID AN5341
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

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