Somerville, MA Commercial Real Estate for Sale

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Updated: Apr 25

Somerville Retail Investment Opportunity

163-179 Washington St, Somerville, MA 02143

$2,900,000

10,848 sqft 0.18 AC lot

Fully occupied, multi‑tenant retail asset providing stabilized income.
High‑visibility corner location on well‑traveled Washington Street.
Located in the Union Square area, close to Union Square Station (Green Line).
MR5 zoning offers future repositioning or redevelopment potential.
Total building area of 10,848 SF on a 7,683 SF lot.

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This listing looks promising.

Here's a quick look at some key insights for

163-179 Washington St, Somerville, MA 02143

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Est. Cap Rate

5.4%
NOI ÷ price
Est. NOI

$156K
Annual
Price @ 7% Cap

$2.23M
Suggested

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Updated: May 4

Ground-Floor Retail Condominium

71 Bow St, Somerville, MA 02143

$1,049,000

1,715 sqft

Newly built 1,715 SF ground‑floor retail condominium in a five‑story mixed‑use development
Delivered in shell condition for flexible tenant buildout
Provides strong street‑facing presence with street frontage and high pedestrian traffic
Located in the Union Square area
Part of a development that sold out 24 luxury condominiums

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Mixed-Use Retail and Residential Building

237 Highland Avenue, Somerville, MA 02143

$2,475,000

6,020 sqft

Two street-level storefronts and four leased residential units combine in a mixed-use building with access to major regional routes.

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ADA-Compliant Retail Condo Unit

14-199 Boston St, Somerville, MA 02143

$513,100

1,280 sqft

Own a first-floor retail condo with central HVAC and ADA compliance, plus a full basement for added back-of-house utility.

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Mixed-Use Building with Storefronts

55 Elm St, Somerville, MA 02144

$3,900,000

6,290 sqft

Mixed-use building with two retail storefronts and three multifamily units, plus driveway and yard.

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MR6 Mixed-Use Development Property

45 Broadway, Somerville, MA 02145

$13,500,000

8,712 sqft

Five-parcel Broadway property with an 8,712 SF commercial building and MR6 zoning near I-93 for redevelopment flexibility.

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Ground-Floor Retail Condominium

71 Bow Street, Somerville, MA 02143

$1,049,000

1,715 sqft

Newly constructed ground-floor retail condo delivered in shell condition with street-facing frontage.

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Somerville Mixed-Use Building For Sale

148 Pearl Street, Somerville, MA 02145

$1,599,000

3,115 sqft

Mixed-use building with three residential units and one commercial unit.

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New Luxury Condominium Triplex

17 Macarthur Street, Somerville, MA 02143

$2,250,000

2,860 sqft

Three newly constructed residences include one-, two-, and two-level three-bedroom penthouse units with outdoor space and deeded parking.

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Second-Floor Office Suite

33 1/2 Union # 2, Somerville, MA 02143

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7,000 sqft

Expansive second-floor office with circular layout, multiple rooms, high ceilings, kitchenette, and two bathrooms.

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Second-Floor Office Suites with Elevator

377 Summer St, Somerville, MA 02144

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3,387 sqft

Three second-floor office suites with elevator access and natural light, served by shared restrooms and a janitor’s closet.

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Second-Floor Office Suite with Elevator

377 Summer St # 3, Somerville, MA 02144

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1,082 sqft

Second-floor suite with elevator access and natural light, within a shared lobby and common restroom facilities.

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Second-Floor Office Suites

377 Summer St # 1, Somerville, MA 02144

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1,583 sqft

Three second-floor office suites with natural light, elevator access, and shared restrooms in a multi-suite building.

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Mixed-Use Building with Two Storefronts

55 Elm Street, Somerville, MA 02144

$3,900,000

2,426 sqft

Mixed-use building with two commercial storefronts and three multifamily units, delivered vacant with a driveway and yard.

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Somerville Mixed-Use Building For Sale

148 Pearl, Somerville, MA 02145

$1,599,000

3,115 sqft

Mixed-use building with three residential units and one commercial unit.

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Open-Concept Creative Studio Space

31 Union Sq, Somerville, MA 02143

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2,500 sqft

Versatile open layout with high ceilings, large windows, private offices, and a kitchenette—set up for multiple business uses.

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Somerville Flex Industrial Building

40 Lake St, Somerville, MA 02143

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24,657 sqft 0.69 AC lot

Flex industrial building near Union and Harvard Square.

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Somerville Retail Space Opportunity

1060 Broadway Street, Somerville, MA 02144

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1,670 sqft

Commercial space in mixed-use building with public and private outdoor spaces.

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Innovative Office Space in Somerville

561 Windsor St |, Somerville, MA 02143

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95 sqft

Office space available in mixed-use development near Kendall Square.

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Union Square Office Space Available

66 Union Square, Somerville, MA 02143

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26,000 sqft

Class B office building with private offices and roof deck.

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Office/Flex Space Available

22 Mcgrath Hwy |, Somerville, MA 02143

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285 sqft

17,101 - 32,776 SF of office/flex space for lease.

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Industrial Flex Building For Sale

40 Lake Street, Somerville, MA 02143

$9,000,000

24,657 sqft

24,657 SF industrial flex building in Somerville, Massachusetts.

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Union Square Restaurant Opportunity

93 Beacon, Somerville, MA 02143

$125,000

Established Thai restaurant for sale in Union Square.

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Two-Building Mixed-Use Development Site

43-45 Cross Street, Somerville, MA 02145

$2,500,000

Two-building, two-parcel multifamily package with 10 dedicated parking spaces for flexible redevelopment near major transit.

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Somerville, MA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Somerville, MA, showcased through 34 active listings on our real estate platform. These investment opportunities span a total of 141,031 square feet of properties for sale, with an estimated market value of $56,259,100.

Sale prices for business properties in Somerville, MA start at $125,000, averaging $3,309,358, and reaching up to $13,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 78K

Population Growth (5Y) -0.3%

Median Household Income $128,262

High-Yield Neighborhoods for Investment

Identify Somerville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
02143	$2.1M
02144	$3.2M
02145	$4.1M

Taxes & Financing

Tax Rate (average for all types) 1.74%

Property Tax per SF $8.73 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Middlesex County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Somerville fall within the 25,000 to 50,000 square foot range.

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