Davis Square Second-Floor Office
For Lease
$40 SF/Yr
377 Summer St #1, Somerville, MA 02144
Three office suites for lease in Somerville's commercial hub.
Space SizeContact for details
Days on Market148
Property Features for 377 Summer St #1
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$18
Building Details
Year Built
2010
Listing Agency:
Coldwell Banker Realty - Boston
(617) 266-4430
Listed By:
Erika Tarlow · License #9529083
Source:
Corcoran
Added: Mar 27
Changed: Aug 18
Last Checked: Aug 20 at 6:48AM
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 Coldwell Banker Realty - Boston
Investment Insights
Based on property information with market context.
Located in one of Somerville’s creative commercial hubs, this second-floor space offers three suites for lease. The suites are accessed via a private building lobby on Cutter Avenue, next to Rosebud and above Davis Square Donuts Bagels and Community Credit Union. Suite 1 offers 1,583 square feet, fronts Summer and Cutter, and features corner exposure and concrete floors. Suite 2 offers 722 square feet, is rear-facing, and provides excellent light. Suite 3 features a flexible open layout along Cutter Avenue and provides 1,082 square feet. Shared amenities include two restrooms and a janitor’s closet. The location is steps from the Red Line and surrounded by shops, dining, and transit.
Key Highlights
- Prime Davis Square location with high foot traffic and energy.
- Steps from the Red Line (subway/transit).
- Three suites available with flexible layouts.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,829
Businesses Nearby
Explore this area
Business Placement
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
$38.21 /SF/Yr
Avg Asking Price
$15.2–$55 /SF/Yr
Price Range
4,563 SF
Avg Space Size
This space is priced 5% above the average of $38.21 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Three office suites for lease in Somerville's commercial hub.
Where is this office units located?
The property is located at 377 Summer St #1 Somerville, MA.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: Prime Davis Square location with high foot traffic and energy.; Steps from the Red Line (subway/transit).; Three suites available with flexible layouts.
