Somerville, MA Commercial Land for Sale

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Updated: Jul 2

Two-Parcel Commercial Land Package

43-45 Cross Street, Somerville, MA 02145

$1,900,000

0.19 AC lot

0.1856‑acre commercial land package at 43‑45 Cross Street
Two‑parcel property with two existing buildings identified for teardown
10 dedicated parking spaces
Current Somerville zoning may allow units with or without parking, subject to approvals
Near MBTA Orange and Green Line trains

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Updated: Apr 8

Opportunity Zone Development Site

273 Somerville Ave, Somerville, MA 02143

Contact for pricing

0.14 AC lot

Opportunity Zone four‑parcel assemblage totaling 17,424 square feet
CC5 zoning allows a maximum density of five stories
Allowed uses include retail, commercial, or hotel with a special permit up
Located at the intersection of Washington Street and Somerville Ave
Addresses: 238 Washington Street, 269 Somerville Ave, 273 Somerville Ave & Rear Somerville Ave

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Opportunity Zone Development Site

273 Somerville Ave, Somerville, MA 02143

Contact for pricing

0.05 AC lot

Four-parcel development site in the CC5 zone allowing up to five stories with retail, commercial, or hotel use via special permit.

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Opportunity Zone Development Site

273 Somerville Ave, Somerville, MA 02143

Contact for pricing

0.18 AC lot

Four-parcel assemblage in an Opportunity Zone with CC5 zoning allowing up to five stories and retail or commercial uses.

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Opportunity Zone Development Land

273 Somerville Ave, Somerville, MA 02143

Contact for pricing

0.03 AC lot

Four-parcel assemblage in an Opportunity Zone within the CC5 zone, allowing retail, commercial, or hotel with special permit.

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Porter Square Development Site Opportunity

32-40 White St, Somerville, MA 02144

$3,450,000

0.19 AC lot

8,315 SF MR4-zoned development site near Porter Square MBTA.

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Porter Square Development Site Opportunity

32-40 White Street, Somerville, MA 02144

$3,450,000

0.19 AC lot

8,315 SF MR4-zoned development site near Porter Square MBTA.

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Mixed-Use Development Land Parcel

3 Washington St, Somerville, MA 02143

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Land parcel is zoned for mixed-use commercial and residential development.

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Corner Retail/Office Building

315 Broadway, 329 Broadway, 18 Temple Street, Somerville, MA 02144

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Two-story brick retail/office building on a corner lot with on-site parking on a large developable parcel.

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Based on your search, we've compiled 35 Potential Opportunities for your consideration. Besides 9 Active listings in Somerville, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 22 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Flexible Industrial Land Site

243 Mystic Ave, Medford, MA 02155

$1,695,000

8,276 sqft

Commercial land along Mystic Avenue with convenient access to major routes and commuter transit connections.

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Flex Space with Office and Garage

175 Mystic Ave, Medford, MA 02155

$3,500,000

0.46 AC lot

Two concrete block buildings provide adaptable commercial space with office and garage areas.

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Mass Ave Development Opportunity

930 Massachusetts, Cambridge, MA 02139

$2,995,000

Prime Cambridge real estate with upzoning potential.

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Cambridge Development Opportunity For Sale

121 Hampshire St, Cambridge, MA 02139

$1,275,000

Commercial property with development potential in a high-traffic area.

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Off-Market Properties in Somerville, MA

Consider similar Off-Market properties in Somerville, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

VACANT COMMERCIAL LAND

205 Broadway, Somerville, MA 02145-2127

$1,530,000

Estimated value

1,260 sqft 0.17 AC lot

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VACANT COMMERCIAL LAND

24 Joy St, Somerville, MA 02143-2111

$1,635,000

Estimated value

0.28 AC lot

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VACANT COMMERCIAL LAND

120 Middlesex Ave, Somerville, MA 02145-1112

$8,870,000

Estimated value

9,200 sqft 0.34 AC lot

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VACANT COMMERCIAL LAND

9 Cummings St, Somerville, MA 02145-1117

$14,285,000

Estimated value

15,842 sqft 0.66 AC lot

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VACANT COMMERCIAL LAND

50 Webster Ave, Somerville, MA 02143-4117

$18,660,000

Estimated value

31,711 sqft 1.54 AC lot

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VACANT COMMERCIAL LAND

18 Temple St, Somerville, MA 02145-2406

$25,040,000

Estimated value

0.17 AC lot

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VACANT COMMERCIAL LAND

664 Somerville Ave, Somerville, MA 02143

$2,690,000

Estimated value

0.09 AC lot

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VACANT COMMERCIAL LAND

29 Harding St, Somerville, MA 02143-4204

$3,845,000

Estimated value

28,327 sqft 0.92 AC lot

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VACANT COMMERCIAL LAND

33 Earle St, Somerville, MA 02143-4203

$840,000

Estimated value

5,703 sqft 0.46 AC lot

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VACANT COMMERCIAL LAND

Dawes St, Somerville, MA 02144

$185,000

Estimated value

1.48 AC lot

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VACANT COMMERCIAL LAND

504 Somerville Ave, Somerville, MA 02143-3250

$235,000

Estimated value

0.07 AC lot

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VACANT COMMERCIAL LAND

255 Pearl St, Somerville, MA 02145

$235,000

Estimated value

0.19 AC lot

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VACANT COMMERCIAL LAND

73 Summer St, Somerville, MA 02143-2706

$345,000

Estimated value

1,572 sqft 0.33 AC lot

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VACANT COMMERCIAL LAND

525 Broadway, Somerville, MA 02145-2503

$260,000

Estimated value

0.05 AC lot

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VACANT COMMERCIAL LAND

297 Medford St, Somerville, MA 02143-1919

$2,365,000

Estimated value

17,230 sqft 0.33 AC lot

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Somerville, MA Commercial Land Market Trends and Statistics

Explore 31 commercial land for sale in Somerville, MA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 42,062 square feet of properties for sale, with an estimated market value of $8,800,000.

Sale prices for commercial lots in Somerville, MA start at $1,900,000, averaging $2,933,333, and reaching up to $3,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 78K

Population Growth (5Y) -0.3%

Median Household Income $128,262

High-Yield Neighborhoods for Investment

Identify Somerville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
02144	$3.5M

Taxes & Financing

Tax Rate (average for all types) 1.74%

Property Tax per SF $8.73 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Middlesex County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Middlesex County

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Somerville, MA Commercial Land for Sale

43-45 Cross Street, Somerville, MA 02145

273 Somerville Ave, Somerville, MA 02143

273 Somerville Ave, Somerville, MA 02143

273 Somerville Ave, Somerville, MA 02143

273 Somerville Ave, Somerville, MA 02143

32-40 White St, Somerville, MA 02144

32-40 White Street, Somerville, MA 02144

3 Washington St, Somerville, MA 02143

315 Broadway, 329 Broadway, 18 Temple Street, Somerville, MA 02144

Opportunities in Nearby Cities

243 Mystic Ave, Medford, MA 02155

175 Mystic Ave, Medford, MA 02155

930 Massachusetts, Cambridge, MA 02139

121 Hampshire St, Cambridge, MA 02139

Off-Market Properties in Somerville, MA

205 Broadway, Somerville, MA 02145-2127

24 Joy St, Somerville, MA 02143-2111

120 Middlesex Ave, Somerville, MA 02145-1112

9 Cummings St, Somerville, MA 02145-1117

50 Webster Ave, Somerville, MA 02143-4117

18 Temple St, Somerville, MA 02145-2406

664 Somerville Ave, Somerville, MA 02143

29 Harding St, Somerville, MA 02143-4204

33 Earle St, Somerville, MA 02143-4203

Dawes St, Somerville, MA 02144

504 Somerville Ave, Somerville, MA 02143-3250

255 Pearl St, Somerville, MA 02145

73 Summer St, Somerville, MA 02143-2706

525 Broadway, Somerville, MA 02145-2503

297 Medford St, Somerville, MA 02143-1919

Somerville, MA Commercial Land Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Retail

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