Somerville, MA Commercial Real Estate for Lease and Sale

Explore 71 listings of Somerville commercial real estate for lease and for sale to find the best space for your business.

CRE Market Stats

212 Elm Street

212 Elm Street, Davis Square, Somerville, MA
For Lease

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Property

Office

66,067 SF
Availability

1 Space

10,648 SF
Year Built

1989
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200 InnerBelt Rd

200 InnerBelt Rd, Somerville Industrial Park, Somerville, MA
For Lease

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Property

Unassigned

191,089 SF
Availability

1 Space

13,000 SF
Year Built

2001
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196 Boston Avenue

196 Boston Avenue, West Somerville, Medford, MA
For Lease

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Property

Office

36,000 SF
Availability

3 Spaces

13,754 SF
Year Built

1994
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Union Square - 10 Prospect Street

10 Prospect Street, Cobble Hill, Somerville, MA
For Lease

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Property

Office

196,500 SF
Availability

1 Space

194,033 SF
Year Built

2023
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Davis Square
Spaces
240 Elm Street 2nd and 3rd Floor, Somerville, MA
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business lounge

Catering

Cleaning services

Complimentary coffee & tea

High-speed internet

High-speed wifi

Kitchen

Mail services
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120 Beacon Street

120 Beacon Street, Cobble Hill, Somerville, MA
For Lease

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Property

Office

47,000 SF
Availability

5 Spaces

31,345 SF
Year Built

1989
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Somerville #1715
Staples Studio
165 Middlesex Avenue, Somerville, MA
Services

Open Workspace

Meeting Room

Dedicated Desk
Amenities

Complimentary coffee & tea

High-speed wifi

Mail services

Parking

Podcast room

Printer

Privacy booths

Receptionist/Secretarial services

TV/Monitor

White boards
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1060 Broadway (CALA)

1060 Broadway, Tufts University, Somerville, MA
For Lease

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Property

Office

1,252 SF
Availability

1 Space

1,252 SF
Year Built

2020
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116-120 Beacon Street & 414 Washington Street

120 Beacon Street, Cobble Hill, Somerville, MA
For Lease

Contact for pricing
Property

Office

45,760 SF
Availability

1 Space

3,333 SF
Year Built

1989
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Assembly Row - 455 Grand Union Blvd

455 Grand Union Blvd, Assembly Square, Somerville, MA
For Lease

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Property

Office

303,289 SF
Availability

5 Spaces

96,023 SF
Year Built

2021
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Assembly Row - 450 Artisan Way

450 Artisan Way, Assembly Square, Somerville, MA
For Lease

Contact for pricing
Property

Office

132,628 SF
Availability

1 Space

9,063 SF
Year Built

2013
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265 Medford Street

265 Medford Street, Prospect Hill, Somerville, MA
For Lease

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Property

Office

27,244 SF
Availability

3 Spaces

10,750 SF
Year Built

1979
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200 Innerbelt Road

200 Innerbelt Road, Somerville Industrial Park, Somerville, MA
For Lease

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Property

Office

186,326 SF
Availability

2 Spaces

36,285 SF
Year Built

2000
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300 Somerville Avenue

300 Somerville Avenue, Cobble Hill, Somerville, MA
For Lease

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Property

Retail

1,964 SF
Availability

1 Space

1,964 SF
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2 Family with Development Potential For Sale | Somerville, MA

36 Everett Ave , East Somerville, Somerville, MA
For Sale

$1,250,000
Property

Multi-Family

2,424 SF
Year Built

1890
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230 Somerville Avenue

230 Somerville Ave, Cobble Hill, Somerville, MA
For Lease

Contact for pricing
Property

Industrial

19,243 SF
Availability

1 Space

9,000 SF
Year Built

1946
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15 McGrath Highway

15 McGrath Highway, Somerville Industrial Park, Somerville, MA
For Lease

Contact for pricing
Property

Unassigned

262,000 SF
Availability

1 Space

262,000 SF
Year Built

2025
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74M

74 Middlesex Avenue, Assembly Square, Somerville, MA
For Lease

Contact for pricing
Property

Office

465,000 SF
Availability

1 Space

2,600 SF
Year Built

2024
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288 Highland Avenue

288 Highland Avenue, Spring Hill, Somerville, MA
For Lease

$1.00/SF/YR
Property

Retail

2,070 SF
Availability

1 Space

2,070 SF
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741 Broadway

741 Broadway, Ball Square, Somerville, MA
For Sale

$1,600,000
Property

Multi-Family

7,573 SF
Year Built

1925
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Boynton Yards

808 Windsor Street, Cobble Hill, Somerville, MA
For Lease

Contact for pricing
Property

Unassigned

355,000 SF
Availability

1 Space

355,000 SF
Year Built

2024
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22 Kent Street

22 Kent Street, Cobble Hill, Somerville, MA
For Lease

Contact for pricing
Property

Industrial

33,021 SF
Availability

1 Space

10,000 SF
Year Built

1900
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10-50 Prospect Street

10-50 Prospect Street, Cobble Hill, Somerville, MA
For Lease

Contact for pricing
Property

Retail

17,000 SF
Availability

4 Spaces

16,265 SF
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60 Beacon Street

60 Beacon Street, Cobble Hill, Somerville, MA
For Sale

Subject To Offer
Property

Multi-Family

6,352 SF
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29 Rev Nazareno Properzi Way

29 Rev Nazareno Properzi Way, Cobble Hill, Somerville, MA
For Lease

Contact for pricing
Property

Office

5,667 SF
Availability

1 Space

5,667 SF
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599 Somerville Avenue

599 Somerville Ave, Spring Hill, Somerville, MA
For Lease

Contact for pricing
Property

Office

20,588 SF
Availability

1 Space

15,019 SF
Year Built

1900
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Somerville commercial real estate market incorporates 10,512,082 square feet of office space across 49 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Somerville, the coworking segment of the commercial real estate market incorporates about 13,010 square feet.

Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Somerville commercial real estate market includes 877,465 square feet of retail space in a variety of settings.

Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Somerville market, there is a total of 379,662 square feet of industrial property.

The listing inventory in Somerville incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Somerville is represented by Office space, which accounts for 454,490 square feet of available listings. Retail space available in Somerville adds up to 35,859 square feet.

Meanwhile, most of the listings of commercial property for sale in Somerville are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Somerville, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Somerville is in the Cobble Hill neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Cobble Hill area.

Meanwhile, retail space opportunities are most abundant in the Cobble Hill submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Cobble Hill.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property.

Conversely, the highest sale price last year was $478,270,900 that is located at 101 South Street.

The average size of a commercial property in Somerville depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Somerville, the average size of an office property is 219,002 square feet.
Retail properties here incorporate an average of 79,770 square feet.
Industrial space in Somerville is in buildings that are, on average 94,916 square feet in size.

Somerville, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Somerville currently add up to 525,526 square feet. The market offers 18 active office listing(s), which amount to 454,490 square feet and account for 66% of commercial spaces on the market. Local retail availability includes 35,859 square feet across 6 retail space(s). Industrial space for rent opportunities in Somerville amount to 35,177 square feet across a total of 3 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	18	454,490
Retail	6	35,859
Industrial	3	35,177

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Somerville, MA. Currently, there is 18,019 square feet of commercial property for sale here , which includes , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Retail	1	1,670
Other	4	16,349

Somerville, MA Commercial Real Estate for Lease and Sale

212 Elm Street

200 InnerBelt Rd

196 Boston Avenue

Union Square - 10 Prospect Street

Davis Square

120 Beacon Street

Somerville #1715

1060 Broadway (CALA)

116-120 Beacon Street & 414 Washington Street

Assembly Row - 455 Grand Union Blvd

Assembly Row - 450 Artisan Way

265 Medford Street

200 Innerbelt Road

300 Somerville Avenue

2 Family with Development Potential For Sale | Somerville, MA

230 Somerville Avenue

15 McGrath Highway

74M

288 Highland Avenue

741 Broadway

Boynton Yards

22 Kent Street

10-50 Prospect Street

60 Beacon Street

29 Rev Nazareno Properzi Way

599 Somerville Avenue

Frequently Asked Questions

Somerville, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Somerville, MA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Somerville, MA?

What factors affect the price of commercial real estate in Somerville, MA?

What are the best areas for commercial real estate in Somerville, MA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Somerville, MA?

Somerville, MA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us