494 Medford Street, Somerville MA 02145

Somerville, MA 02145

$399,900

Est. $2,222/month

0.00

Acres

2025

Year Built

346

Days on Market

Active Listed Jul 28, 2025 • MLS# 73410352 Copied! • Updated Aug 22, 2025

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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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Recently Sold Nearby

Property History

Market Insights

66.7%

Price Range

2

Previous Sales

Property Timeline

🏠

Listed for Sale

Jul 28, 2025

$399,900

Original listing

Agent: Santana Team Office: Keller Williams Realty Boston Northwest

Previous Transaction - MLS #72942063

Full transaction history available when tracking began

🏷️

Previously Sold

Mar 31, 2022

$1,200,000

MLS #72942063

View Listing →

Previous Transaction - MLS #72430205

Full transaction history available when tracking began

🏷️

Previously Sold

May 29, 2019

$810,000

MLS #72430205

View Listing →

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
07/28/2025	🏠 Listed for Sale	$399,900	-	-	Original listing
03/31/2022	🏷️ Previously Sold	$1,200,000	-	-	MLS #72942063
05/29/2019	🏷️ Previously Sold	$810,000	-	-	MLS #72430205

Tax History

Year	Taxes	Assessment
2025	$0	—

Financial Details

Annual Property Tax

$0

Tax Year 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

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures The Seller Is Targeting A November Completion. Square Footage Is Approximate

Additional Details

Possession None

Accepted Financing None

Structure Type []

Documents None

County Middlesex

Property Overview

Listing Type

Commercial Sale

Year Built

2025

Room Details

Other Floor

Bathroom1

Bedroom5

Bedroom4

Bedroom3

Dining Room

Kitchen

Bathroom2

Bedroom2

Living Room

Bathroom3

Master Bedroom

Office

Family Room

Master Bathroom

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:

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

9 schools

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

St. Theresa of the Child Jesus School

0.7 mi

Grades PK-08

A

John F Kennedy School

0.8 mi | #50 of 352 | Score: 56.7

Improved 5 spots from last year

-1.5 below state avg

439 students Diverse

Grades PK-08

C-

Winter Hill Community School

1.0 mi | #287 of 352 | Score: 32.6

Dropped 15 spots from last year

-25.7 below state avg

388 students Diverse

Diverse Student Body

Grades PK-08

C+

East Somerville Community School

1.1 mi | #245 of 352 | Score: 37.0

Improved 6 spots from last year

-21.2 below state avg

747 students Diverse

Grades PK-08

B+

Albert F. Argenziano School at Lincoln Park

1.2 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

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

Tufts Educational Day Care Center

1.1 mi

Grades PK-K

Capuano Early Childhood Center

1.2 mi

250 students Very Diverse

Diverse Student Body

Grades PK-01

M

Middle Schools

1 school

Next Wave Junior High School

0.7 mi

16 students Diverse

Diverse Student Body

Grades 06-08

H

High Schools

2 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

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Loan Term 30 years 15 years

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Homeowners Insurance $200

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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.

Location

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Neighborhood

494 Medford Street, Somerville MA 02145

Somerville, MA 02145

Listing Information

Listing Agent Santana Team

Listing Office Keller Williams Realty Boston Northwest

Office Phone 617-497-8900

Agent MLS ID TM008732

Office MLS ID BB5474

Listing Data Updated Aug 22, 2025 2:52 PM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 800 - 9008 contact@bmnboston.com

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