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    261 Elm St Somerville, MA 02144

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    For Lease
    Contact for pricing

    Office space for lease in the heart of Davis Square.

    Property size:
    3,618 SF
    Lot size:
    0.21 Acres

    Property Features for 261 Elm St

    General Information

    Size
    3,618 SF
    Lot size
    0.21 Acres

    Source: Lincoln Property Company | Boston Agent Chris Scott

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Davis Square Office Space

    Available for lease is a 3,618 square foot office space in Somerville. Situated in the heart of Davis Square, the location provides access to numerous amenities. A variety of shops, dining establishments, and entertainment options are within walking distance of 259 Elm Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pokeworks Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1217868
    Latitude
    42.3958314

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    FAQs

    What type of property is this?
    Office space - Office space for lease in the heart of Davis Square.
    Where is this office space located?
    The property is located at 261 Elm St Somerville, MA.
    What are key features of this property?
    This property features: - Located in the heart of Davis Square.; - 3,618 SF Available for lease.; - Unique access to a wide variety of amenities.
    (617) 951-4100
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    261 Elm St Somerville, MA 02144
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    Somerville, MA 02144
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    261 Elm St Somerville, MA 02144
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