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    324 Broadway 2 Somerville, MA 02145

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    For Lease
    $5,000 /Mo

    Second-floor office space with reception, offices, kitchen, and parking.

    Lot size:
    0.60 Acres

    Property Features for 324 Broadway 2

    General Information

    Lot size
    0.60 Acres

    Building Details

    Year built
    1900

    Source: RE/MAX Real Estate Center Agent Tim Schmidt

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

    Overview

    Winter Hill Office Space Available

    This is an office space located in Winter Hill, occupying the entire second floor of a building. The layout includes a large, central reception area and five attached office rooms, along with a kitchen and a bathroom. The space features flooring and multiple windows. The location provides access to downtown Boston, major highways, local shops, and restaurants. Included with the space are 4 parking spaces. Heat and hot water are also included.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Somerville
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0902
    Latitude
    42.3917

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    FAQs

    What type of property is this?
    Office space - Second-floor office space with reception, offices, kitchen, and parking.
    Where is this office space located?
    The property is located at 324 Broadway 2 Somerville, MA.
    What are key features of this property?
    This property features: - Great location with access to downtown Boston, major highways, local shops, and restaurants.; - 4 Parking Spaces Included.; - Heat and Hot Water Included.
    (781) 771-7823
    Request Owner's contact information
    324 Broadway 2 Somerville, MA 02145
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    Somerville, MA 02145
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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
    324 Broadway 2 Somerville, MA 02145
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