40 Lake St Somerville, MA 02143

Listing Agency Boston Realty Advisors d***@bradvisors.com Show Phone

Listed by Daniel Alper · License #9587053

Source Bradvisors

Added: Jan 27 Checked: Jul 16 at 6:52 am

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Investment Insights

Based on property information with market context.

The property at 40 Lake Street in Somerville, Massachusetts, is a flex industrial building with approximately 24,657 square feet of gross leasable area, situated on a 29,967 square foot lot. Its location between Union and Harvard Square provides convenient access to the region’s expanding commercial and residential areas. The property is located approximately a quarter-mile from Union Square’s emerging life science and mixed-use developments, near the Somernova innovation campus and established manufacturing and distribution businesses. Positioned between Somerville Avenue and Washington Street, the property provides direct access to Route 28 and I-93. The building offers a versatile layout suitable for investors, owner-users, or future redevelopment. It features two 15-foot drive-in doors and clear heights ranging from 12 to 18 feet, with flexible buildout options. Somerville is adjacent to Boston and Cambridge and is emerging as a life science hub with new life science facilities, residential units, and retail spaces near the new Green Line Stop.

Key Highlights

• Strategically located flex industrial building in a dynamic and evolving Somerville district, poised to be the next Kendall Square.
• Exceptional proximity to Union Square (steps away) and Harvard Square (less than one mile).
• Versatile layout suitable for investors, owner‑users, or future redevelopment.

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FAQs

What type of property is this?

Flex space - Flex industrial building near Union and Harvard Square.

Where is this flex space located?

The property is located at 40 Lake St Somerville, MA.

What are key features of this property?

This property features: Strategically located flex industrial building in a dynamic and evolving Somerville district, poised to be the next Kendall Square.; Exceptional proximity to Union Square (steps away) and Harvard Square (less than one mile).; Versatile layout suitable for investors, owner‑users, or future redevelopment.