Somerville, MA Industrial Properties for Sale

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Updated: May 5, 2025

Industrial Flex Building For Sale

40 Lake Street, Somerville, MA 02143

$9,000,000

24,657 sqft

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.

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This listing looks promising.

Here's a quick look at some key insights for

40 Lake Street, Somerville, MA 02143

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Est. Cap Rate

2.9%
NOI ÷ price
Est. NOI

$262K
Annual
Price @ 7% Cap

$3.75M
Suggested
Property Type

Commercial Building, Mail Order, Show Room (Non-Auto)
Built 1912

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Updated: Aug 15

Two-Suite Flex Space

362-376 Mystic Ave, Somerville, MA 02145

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1,500 sqft

1,500 SF flex space built in 2024
Current build‑out allows interior customization
Can be configured as one space or divided into two suites
Each suite has its own private entrance
Minutes from Sullivan Square Station in Somerville

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Office/Flex Space Available

22 Mcgrath Hwy |, Somerville, MA 02143

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285 sqft

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

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Flex/Industrial Space Available

230 Somerville Ave |, Somerville, MA 02143

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19 sqft

Flex/industrial space available for lease.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Flex Space with Drive-In Doors

40 Lake St, Somerville, MA 02143

Contact for pricing

24,657 sqft 0.69 AC lot

Flex space featuring two drive-in doors and flexible buildout options.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Somerville, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, 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.

Flex Space with Office and Garage

175 Mystic Ave, Medford, MA 02155

$3,500,000

5,847 sqft 0.46 AC lot

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

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Medford Industrial Warehouse Restaurant/Bar

29 Linden Street, Medford, MA 02155

$1,495,000

2,600 sqft

Industrial warehouse converted to restaurant/bar with broad commercial uses.

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Flex Space with Freight Access

50 Terminal # 2-306, Boston, MA 02129

Contact for pricing

Bright, clean commercial space with loading infrastructure, onsite parking, management, and security in Boston.

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Charlestown Industrial Building for Sale

62 Alford St, Boston, MA 02129

Contact for pricing

25,000 sqft 0.34 AC lot

25,000 SF industrial building in Charlestown with redevelopment potential.

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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.

Cleared Commercial Land on Route 1

25 Popes Ln, Danvers, MA 01923

$1,449,999

Prime commercial land on Route 1 in Danvers, Massachusetts.

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Canton Commercial Land on Rt 138

888 Turnpike Street, Canton, MA 02021

$1,100,000

560 sqft 1.80 AC lot

1.8 acre commercial land in high-traffic Canton location.

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Industrial Land for Sale

319 North Main St, Middleton, MA 01949

$2,299,000

3.38 AC lot

3.38 acres of M1 zoned land available.

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Corner Commercial Land

Washington, Stoughton, MA 02072

$369,900

1.30 AC lot

Commercial land positioned at a signalized? intersection with access to established regional routes.

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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.

MANUFACTURING (LIGHT)

8 Gdn Ct, Somerville, MA 02143-3251

$230,000

Estimated value

1,411 sqft 0.05 AC lot

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INDUSTRIAL (GENERAL)

200 Innerbelt Rd, Somerville, MA 02143-4430

$39,765,000

Estimated value

193,848 sqft 7.94 AC lot

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INDUSTRIAL (GENERAL)

20 Chestnut St, Somerville, MA 02143

$720,000

Estimated value

27,903 sqft 0.64 AC lot

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MANUFACTURING (LIGHT)

24 Webster Ave, Somerville, MA 02143-3341

$3,900,000

Estimated value

11,348 sqft 0.24 AC lot

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CONDOMINIUMS (INDUSTRIAL)

440 Somerville Ave Ste 3a, Somerville, MA 02143-3257

$740,000

Estimated value

3,234 sqft

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MANUFACTURING (LIGHT)

13 Warwick St, Somerville, MA 02145-3509

$2,930,000

Estimated value

9,145 sqft 0.23 AC lot

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MANUFACTURING (LIGHT)

14 Horace St, Somerville, MA 02143-4207

$8,075,000

Estimated value

9,210 sqft 0.32 AC lot

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WAREHOUSE, STORAGE

541 Windsor St, Somerville, MA 02143

$2,550,000

Estimated value

23,281 sqft 0.61 AC lot

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TRUCK TERMINAL (MOTOR FREIGHT)

120 Mcgrath Hwy, Somerville, MA 02143-4234

$190,480,000

Estimated value

4,508 sqft 0.50 AC lot

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MANUFACTURING (LIGHT)

334 Washington St, Somerville, MA 02143-3812

$3,800,000

Estimated value

9,180 sqft 0.24 AC lot

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WAREHOUSE, STORAGE

56 Webster Ave, Somerville, MA 02143

$255,000

Estimated value

19,879 sqft 1.38 AC lot

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WAREHOUSE, STORAGE

520 Columbia St, Somerville, MA 02143-4105

$2,185,000

Estimated value

57,527 sqft 1.21 AC lot

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INDUSTRIAL (GENERAL)

321 Washington St, Somerville, MA 02143-3834

$22,660,000

Estimated value

73,229 sqft 2.91 AC lot

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TRUCK TERMINAL (MOTOR FREIGHT)

20 Medford St, Somerville, MA 02143-4233

$2,435,000

Estimated value

7,890 sqft 0.20 AC lot

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WAREHOUSE, STORAGE

86 Joy St, Somerville, MA 02143-2154

$6,025,000

Estimated value

57,826 sqft 1.77 AC lot

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WAREHOUSE, STORAGE

600 Windsor Pl, Somerville, MA 02143-4123

$2,585,000

Estimated value

23,979 sqft 1.36 AC lot

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MANUFACTURING (LIGHT)

33 Ss St, Somerville, MA 02143-4223

$1,280,000

Estimated value

13,698 sqft 0.28 AC lot

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INDUSTRIAL (GENERAL)

8 Tyler St, Somerville, MA 02143-3241

Unit 14

$11,130,000

Estimated value

132,041 sqft 4.51 AC lot

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INDUSTRIAL (GENERAL)

24-28 Dane St, Somerville, MA 02143

$75,000

Estimated value

1.02 AC lot

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Somerville, MA Industrial Properties Market Trends and Statistics

Explore 72 industrial properties for sale in Somerville, MA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 51,118 square feet of properties for sale, with an estimated market value of $9,000,000.

Sale prices for industrial buildings in Somerville, MA average $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

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
02143	$9M

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 Industrial Properties for Sale

40 Lake Street, Somerville, MA 02143

362-376 Mystic Ave, Somerville, MA 02145

22 Mcgrath Hwy |, Somerville, MA 02143

230 Somerville Ave |, Somerville, MA 02143

40 Lake St, Somerville, MA 02143

Opportunities in Nearby Cities

175 Mystic Ave, Medford, MA 02155

29 Linden Street, Medford, MA 02155

50 Terminal # 2-306, Boston, MA 02129

62 Alford St, Boston, MA 02129

Potential Development Sites for Consideration

25 Popes Ln, Danvers, MA 01923

888 Turnpike Street, Canton, MA 02021

319 North Main St, Middleton, MA 01949

Washington, Stoughton, MA 02072

Off-Market Properties in Somerville, MA

8 Gdn Ct, Somerville, MA 02143-3251

200 Innerbelt Rd, Somerville, MA 02143-4430

20 Chestnut St, Somerville, MA 02143

24 Webster Ave, Somerville, MA 02143-3341

440 Somerville Ave Ste 3a, Somerville, MA 02143-3257

13 Warwick St, Somerville, MA 02145-3509

14 Horace St, Somerville, MA 02143-4207

541 Windsor St, Somerville, MA 02143

120 Mcgrath Hwy, Somerville, MA 02143-4234

334 Washington St, Somerville, MA 02143-3812

56 Webster Ave, Somerville, MA 02143

520 Columbia St, Somerville, MA 02143-4105

321 Washington St, Somerville, MA 02143-3834

20 Medford St, Somerville, MA 02143-4233

86 Joy St, Somerville, MA 02143-2154

600 Windsor Pl, Somerville, MA 02143-4123

33 Ss St, Somerville, MA 02143-4223

8 Tyler St, Somerville, MA 02143-3241

24-28 Dane St, Somerville, MA 02143

Somerville, MA Industrial Properties 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

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