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Second-Floor Office Suites
For Lease
$40 SF/Yr

1-377 Summer St, Somerville, MA 02143

Three second-floor office suites are accessible via a private building lobby with shared restrooms and elevator service.

Space SizeContact for details
Days on Market166

Property Features for 1-377 Summer St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $18

Amenities

natural light
elevator access
restrooms
janitor's closet

Building Details

Tenancy Multi
Listing Agency: Coldwell Banker Realty - Boston
Listed By: Erika Tarlow · License #9529083
Source: Exprealty
Added: Mar 26 Changed: Sep 4 Last Checked: Sep 6 at 1:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty - Boston

Investment Insights

Based on property information with market context.

This offering includes three second-floor office suites accessed through a private building lobby on Cutter Ave. The spaces are designed with an open, polished aesthetic and include natural light, elevator access, and shared amenities consisting of two restrooms and a janitor’s closet. Suite 1 fronts Summer and Cutter with standout corner exposure and concrete floors. Suite 2 is a rear-facing space intended to provide a quieter setting with excellent light. Suite 3 offers a flexible open layout along Cutter Ave.

The suites are positioned in Somerville’s Davis Square area, above multiple neighborhood businesses, including Rosebud, Davis Square Donuts & Bagels, and Community Credit Union. The property is also described as being steps from the Red Line.

Available suites total 1,583 square feet across the three units, with individual suites ranging from 583 to 1,082 square feet as reflected in the provided information.

Key Highlights

  • Second‑floor commercial space in Davis Square with 3 office suites accessible via a private building lobby on Cutter Ave
  • Suites available: Suite 1 (1,583 SF), Suite 2 (722 SF), and Suite 3 (1,082 SF)
  • Elevator access plus natural light in each suite with open, polished layouts ready for business use

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Real Estate Agency Nail Salon Accounting Firm (Bike/Boat/Book/etc) Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,229
Businesses Nearby

Demographics for 02143, MA

26,022
Population
12,901
Households
2
Avg Household Size
33
Median Age
74%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
17,348
Density / Sq Mi
$126,102
Median Household Income
$73,055
Median Earnings
$2,424
Median Rent
$930,200
Median Home Value

Market

Lease Benchmarks for Somerville, MA

$36.47 /SF/Yr
Avg Asking Price
$15.2–$55 /SF/Yr
Price Range
3,961 SF
Avg Space Size

This space is priced 10% above the average of $36.47 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Three second-floor office suites are accessible via a private building lobby with shared restrooms and elevator service.
Where is this office units located?
The property is located at 1-377 Summer St Somerville, MA.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: Second‑floor commercial space in Davis Square with 3 office suites accessible via a private building lobby on Cutter Ave; Suites available: Suite 1 (1,583 SF), Suite 2 (722 SF), and Suite 3 (1,082 SF); Elevator access plus natural light in each suite with open, polished layouts ready for business use
More about this property
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