Union Square Commercial
For Lease
$10,000/Mo
33 1/2 Union #2, Somerville, MA 02143
Spacious commercial space in Union Square, Somerville, near MBTA.
Space SizeContact for details
Days on Market189
Property Features for 33 1/2 Union #2
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$3,565,945
Building Details
Year Built
1900
Listing Agency:
Century 21 North East
(617) 389-1129
Listed By:
Clifton Verdieu
Source:
Corcoran
Added: Feb 4
Changed: Aug 11
Last Checked: Jul 16 at 1:37PM
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 second-floor commercial space, located in Union Square, Somerville, offers approximately 7,000 sq. ft. The layout features a circular cul-de-sac design, with multiple compartmentalized rooms surrounding a central area. This configuration is suitable for versatile business uses, collaborative setups, or specialized work zones. The space benefits from impressive ceiling height, enhancing the open atmosphere. Modern amenities include a kitchenette equipped with a dishwasher, two bathrooms, ample cabinetry, ceiling fans, and carpeted areas. A dedicated storage room provides added functionality. The property is located near the MBTA Green Line stops at Union Square, Gilman Square, and Ball Square, benefiting from foot traffic, visibility, and synergy with surrounding shops and businesses.
Key Highlights
- Expansive 7,000 sq. ft. commercial space in Union Square, Somerville
- Unique circular cul‑de‑sac layout with multiple compartmentalized rooms and a central area
- Conveniently located near MBTA Green Line stops (Union Square, Gilman Square, and Ball Square)
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.57 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,772
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Somerville, MA
$38.57 /SF/Yr
Avg Asking Price
$15.2–$55 /SF/Yr
Price Range
4,563 SF
Avg Space Size
This space is priced 56% below the average of $38.57 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Spacious commercial space in Union Square, Somerville, near MBTA.
Where is this office units located?
The property is located at 33 1/2 Union #2 Somerville, MA.
What is the lease rate?
The lease rate is $10,000/Mo.
What are key features of this property?
This property features: Expansive 7,000 sq. ft. commercial space in Union Square, Somerville; Unique circular cul‑de‑sac layout with multiple compartmentalized rooms and a central area; Conveniently located near MBTA Green Line stops (Union Square, Gilman Square, and Ball Square)
