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For Lease
$129-$34,945/Mo per office

240 Elm St, Somerville, MA 02144

Find fully flexible work and meeting space in Spaces Davis Square. Book a tour & get info

Space Size11 SF - 1,740 SF
Days on Market228

Property Features for 240 Elm St

General Information

Standard status Active
Property type Office Spaces, Coworking space, Flex space, Specialty properties
Size 11 SF - 1,740 SF
Rate Type Monthly

Amenities

24 Hour Access
Air Conditioning
Breakroom
Business Center
Close to Public Transportation
Conference Rooms
Controlled Access
Elevator
Fiber Optic Internet
Furnished Units Available
Internet
Lounge
Meeting Event Space
On-Site Security Staff
Online Services
Package Service
Reception
Recycling
Storage Space
Wheelchair Accessible
Wi-Fi

Spaces For Lease

at 240 Elm St Contact us
Name Size Type Rate Availability
Office for +25 840 SF — $13,800/Mo — Contact us
Office for 1 person 86-538 SF — $629/Mo — Contact us
Office for +30 1,051 SF — $18,993/Mo — Contact us
Office for 2 people 108-538 SF — $1,259/Mo — Contact us
Office for +40 1,363 SF — $25,806/Mo — Contact us
Office for 3 people 162-646 SF — $1,389/Mo — Contact us
Office for +50 1,740 SF — $34,945/Mo — Contact us
Office for 4 people 215-646 SF — $1,849/Mo — Contact us
Office for 5 people 323-807 SF — $2,516/Mo — Contact us
Office for +20 652 SF — $10,064/Mo — Contact us
CW dedicated 86-108 SF — $235/Mo — Contact us
CW non-reserved 54-108 SF — $129/Mo — Contact us
Office for +10 484-1184 SF — $4,627/Mo — Contact us
Office for +15 1076-1292 SF — $7,096/Mo — Contact us
Virtual office 11-54 SF — $175/Mo — Contact us
Listed By: Regus USA
Added: Feb 19 Changed: Oct 2

Investment Insights

Based on property information with market context.

Key Highlights

  • Make a home for yourself and your team in a private office, fully serviced and flexible, with everything included
  • Grow in a modern workplace with the added advantage of a benefits program offering exclusive discounts and bespoke procurement support
  • Find your own private desk in a beautifully designed shared workspace with 24/7 access, a personal locker, and an inviting reception team

Property Analytics

Current Use

Davis Square Architects Architect Coordinai (Bike/Boat/Book/etc) Store Owens Corning Certified ... Roofing Company Echo&Co Marketing & Advertising Black Box Digital ... Marketing & Advertising

Suggested Use

Top Pick Law Firm Food Market Nail Salon Computer & Electronic Repair Parking Lot & Garage Big Box & Wholesale Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,857
Businesses Nearby
Under-served
Demand for This Use

Demographics for 02144, MA

25,497
Population
11,881
Households
2.1
Avg Household Size
31
Median Age
75%
College-Educated
96%
High-School Grad
1.1 sq mi
ZIP Area
23,179
Density / Sq Mi
$140,591
Median Household Income
$74,639
Median Earnings
$2,654
Median Rent
$987,000
Median Home Value

Market

Lease Benchmarks for Somerville, MA

$35.66 /SF/Yr
Avg Asking Price
$15.2–$55 /SF/Yr
Price Range
4,703 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office space - Find fully flexible work and meeting space in Spaces Davis Square. Book a tour & get info
Where is this office space located?
The property is located at 240 Elm St Somerville, MA.
What are key features of this property?
This property features: Make a home for yourself and your team in a private office, fully serviced and flexible, with everything included; Grow in a modern workplace with the added advantage of a benefits program offering exclusive discounts and bespoke procurement support; Find your own private desk in a beautifully designed shared workspace with 24/7 access, a personal locker, and an inviting reception team
More about this property
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