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Flex Space with Drive-In Doors
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40 Lake St, Somerville, MA 02143

Flex space featuring two drive-in doors and flexible buildout options.

Property Size24,657 SF
Lot Size0.69 Acres
Days on Market447

Property Features for 40 Lake St

General Information

Standard status Active
Size 24,657 SF
Lot size 0.69 Acres
Property subtype FLEX_R_AND_D

Warehouse & Industrial

Clear Height 18 ft
Drive-In Doors 2

Building Details

Building Size 24,657 SF
Listing Agency: Boston Realty Advisors
Listed By: Kevin Benzinger · License #9587053
Source: Moodyscre
Added: May 12, 2025 Changed: Jul 30 Last Checked: Jul 31 at 7:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Boston Realty Advisors

Investment Insights

Based on property information with market context.

This flex space offers approximately 24,657 GLA with a lot size of approximately 29,967 SF. The facility includes two 15' drive-in doors and clear heights ranging from 12' to 18'. Flexible buildout options are available, supporting a range of light industrial or warehouse-style uses.

The property is located at 40 Lake St in Somerville, MA 02143, providing an on-site footprint designed for practical loading and adaptable interior layouts.

The combination of drive-in access, usable clearance, and flexible buildout supports tenants seeking a configurable space for operations that benefit from warehouse-style functionality.

Key Highlights

  • Approximately 24,657 GLA
  • Approximately 29,967 SF lot size
  • Two 15' drive‑in doors

Property Analytics

Current Use

H D Chasen ... Industrial Manufacturer

Suggested Use

Top Pick Law Firm Nail Salon Nursing Home Locksmith Cosmetic Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18 ft
Clear height
2
Drive-in doors

Location Intelligence

Trade Area within ½ mile

3,469
Businesses Nearby
Under-served
Demand for This Use

Demographics for 02143, MA

26,022
Population
12,901
Households
2
Avg Household Size
33
Median Age
74%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
17,348
Density / Sq Mi
$126,102
Median Household Income
$73,055
Median Earnings
$2,424
Median Rent
$930,200
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Cuisine en Locale — 156 Highland Ave, Somerville, MA 02143
  • Wade BBQ LLC — 5 Sanborn Ct, Somerville, MA 02143
  • Jules Catering — 66 South St, Somerville, MA 02143

Frequently Asked Questions

What type of property is this?
Flex space - Flex space featuring two drive-in doors and flexible buildout options.
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: Approximately 24,657 GLA; Approximately 29,967 SF lot size; Two 15' drive‑in doors
(617) 768-7333 Call to check price and availability
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