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    201 Highland Ave Somerville, MA 02143

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    For Lease
    $36 SF/Yr ($2,700 /Mo)

    Retail space for lease in Somerville's commercial district.

    Property size:
    900 SF
    Lot size:
    0.09 Acres

    Property Features for 201 Highland Ave

    General Information

    Size
    900 SF
    Lot size
    0.09 Acres

    Source: Centre Realty Group Agent Matt Javitch

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

    Overview

    Retail Space on Highland Avenue

    This 900-square-foot retail space is available for lease on Highland Avenue in Somerville. The property is located in the middle of a busy commercial district, north of the Spring Hill neighborhood and south of Magoun Square. The location offers convenient access to the Green Line train and is situated on a main bus route. This is a triple net lease.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1067079
    Latitude
    42.3898156

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    FAQs

    What type of property is this?
    Retail space - Retail space for lease in Somerville's commercial district.
    Where is this retail space located?
    The property is located at 201 Highland Ave Somerville, MA.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: - Located in a busy commercial district on Highland Ave in Somerville.; - Easily accessible by the Green Line Train.; - On a main bus route.
    (617) 332-0077
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    201 Highland Ave Somerville, MA 02143
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    Somerville, MA 02143
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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
    201 Highland Ave Somerville, MA 02143
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