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    Somerville, MA Flex Space for Sale

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    Cambridge, MA Medford, MA Boston, MA
    Somerville Flex Industrial Building
    Contact for pricing
    24,657 SF

    Somerville Flex Industrial Building

    40 Lake St, Somerville, MA 2143

    Flex industrial building near Union and Harvard Square.

    • Strategically located flex industrial building in a dynamic and evolving Somerville district, poised to be the next Kendall Square.
    • Exceptional proximity to Union Square (steps away) and Harvard Square (less than one mile).
    • Versatile layout suitable for investors, owner‑users, or future redevelopment.
    • Located near emerging life science and mixed‑use developments, including Somernova innovation campus.
    • Direct access to Route 28 and I‑93 via Somerville Avenue and Washington Street.
    Updated: Jan 27
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    Industrial Flex Building For Sale
    $9,000,000
    24,657 SF

    Industrial Flex Building For Sale

    40 Lake Street, Somerville, MA 2143

    24,657 SF industrial flex building in Somerville, Massachusetts.

    • Strategic location between Union Square and Harvard Square.
    • +/-24,657 square foot industrial flex building on a .69‑acre parcel.
    • FAB zoning permits a diverse range of flex uses.
    • Vacant property allows for immediate occupancy.
    • Features two (2) drive‑in garage doors and four (4) loading areas.
    Updated: May 5, 2025
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    Office/Flex Space Available
    Contact for pricing
    285 SF

    Office/Flex Space Available

    17,101 - 32,776 SF of office/flex space for lease.

    22 Mcgrath Hwy |, Somerville, MA 2143
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    Flex/Industrial Space Available
    Contact for pricing

    Flex/Industrial Space Available

    Flex/industrial space available for lease.

    230 Somerville Ave |, Somerville, MA 2143
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Somerville, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Medford Retail/Flex Space Opportunity
    Contact for pricing
    5,137 SF

    Medford Retail/Flex Space Opportunity

    5,137 SF retail/flex space in the Boston MSA area.

    163 Mystic Avenue, Medford, MA 1810
    View details
    Versatile Brookline Commercial Property
    $8,900,000
    18,699 SF

    Versatile Brookline Commercial Property

    Exceptional 18,000+ sq ft commercial property near BU.

    115 Dummer St, Brookline, MA 2446
    View details
    Brookline Commercial Development Opportunity
    $8,900,000
    18,699 SF

    Brookline Commercial Development Opportunity

    Versatile 18,000+ sq ft commercial property near BU.

    115 Dummer Street, Brookline, MA 2446
    View details
    Medford Flex Space For Sale
    Contact for pricing
    12,000 SF

    Medford Flex Space For Sale

    12,000 SF flex space in Medford, Massachusetts, for sale.

    Medford, MA 02155
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Industrial Land For Sale
    $2,299,000
    3.38 Acres

    Industrial Land For Sale

    3.38 acres of M1 zoned industrial land.

    319 North Main St, Middleton, MA 1949
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    Industrial Land for Sale
    $2,299,000
    3.38 Acres

    Industrial Land for Sale

    3.38 acres of M1 zoned land available.

    319 North Main St, Middleton, MA 1949
    View details
    Norton, MA Heavy Industrial Land
    $999,000
    3.71 Acres

    Norton, MA Heavy Industrial Land

    3.71 acre heavy industrial land with expansion potential.

    Hill Street lot: 3B, Norton, MA 02766
    View details
    Londonderry Land Development Opportunity
    $500,000
    4.53 Acres

    Londonderry Land Development Opportunity

    4.53-acre commercial parcel near I-93 and Manchester-Boston Regional Airport.

    524R Mammoth Road, Londonderry, NH 03053
    View details

    Somerville, MA Flex Space Investment Opportunities Market Analysis

    Explore 4 flex space for sale in Somerville, MA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 24,657 square feet of properties for sale, with an estimated market value of $9,000,000.

    Sale prices for business spaces in Somerville, MA start at $9,000,000, averaging $9,000,000, and reaching up to $9,000,000 — 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

    Flex space 10
    Warehouses 3
    Manufacturing properties 2

    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 median listing prices of real estate assets

    Neighborhood Average Price
    02143 $9M

    Taxes & Financing

    Tax Rate (average for all types) 1.74%
    Property Tax per SF $8.73 per sq ft
    Average Loan-to-Value 65.0%

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