Ex-Rite Aid building at key Somerville intersection trades for $2.6 million, Deluccia says

Aug 20, 2025 | Deals, Retail and Entertainment

132 North Gaston Ave. in Somerville — Courtesy: Deluccia Commercial Group

By Joshua Burd

The site of a former Rite Aid in Somerville has changed hands for $2.6 million, in a newly announced deal by Deluccia Commercial Group.

According to the brokerage firm, the freestanding building at 132 North Gaston Ave. spans 11,000 square feet and benefits from its location at a signalized intersection off Route 28, which provides high visibility and traffic. It’s also located in the borough’s B4 zone, allowing for a diverse range of commercial uses.

Tim Deluccia of Deluccia Commercial Group represented both the seller, I.C. Somerville Inc., and the buyer, Shantaaa LLC.

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Joshua Burd

Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for 13 years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great Garden State.