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Specialty Food Processing Space
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318 Somerville, Somerville, MA 02143

Former food corporation space with upgraded electrical, central heating and AC, and a large back-area refrigerator.

Property Size1,107 SF
Price / SF$5.87
Days on Market241

Property Features for 318 Somerville

General Information

Standard status Active
Size 1,107 SF
Property subtype Commercial
Lease Type Net

Taxes and HOA fees

Annual Taxes $19,251

Building Details

Building Size 1,107 SF
Listing Agency: Century 21 North East
Listed By: Clifton Verdieu · License #9057497
Source: Churchillprop
Added: Feb 4 Changed: Oct 1 Last Checked: Oct 2 at 6:43PM

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 Century 21 North East

Investment Insights

Based on property information with market context.

This commercial space was formerly occupied by La Internacional Food Corporation and is well-suited to food-related concepts that need built-in operational infrastructure. Improvements include an upgraded electrical system, central heating and AC, and a large refrigerator located in the back. The space also has two separate meters for two separate spaces that could be combined.

The property is described as being on Somerville Avenue, between Bow Street and Somerville Avenue, and is located near Union Square. For buyers and brokers, the configuration and existing equipment create a straightforward starting point for a tenant or operator looking to adapt the premises to their business plan.

Key Highlights

  • Commercial space near Union Square, formerly La Internacional Food Corporation
  • Upgraded electrical system for the space
  • Central heating and AC

Property Analytics

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Current Use

Refrigerated & Cold Storage

Suggested Use

Top Pick Law Firm Nail Salon Accounting Firm (Bike/Boat/Book/etc) Store Nursing Home Cosmetic 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.

Location Intelligence

Trade Area within ½ mile

3,606
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Refrigerated & cold storage - Former food corporation space with upgraded electrical, central heating and AC, and a large back-area refrigerator.
Where is this refrigerated & cold storage located?
The property is located at 318 Somerville Somerville, MA.
What are key features of this property?
This property features: Commercial space near Union Square, formerly La Internacional Food Corporation; Upgraded electrical system for the space; Central heating and AC
More about this property
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