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Second-Floor Office Suites
For Lease
$40 SF/Yr

377 Summer Street, Somerville, MA 02144

Second-floor office space accessed via a private lobby, offering three suites with shared restrooms and a janitor’s closet.

Space SizeContact for details
Days on Market197

Property Features for 377 Summer Street

General Information

Standard status Active

Additional Details

Office Units 3

Building Details

Year Built 2010
Stories 2
Listing Agency: Coldwell Banker Realty - Boston
Listed By: The David Green Group · License #9529083
Source: Somervillelofts
Added: Feb 8 Changed: Aug 24 Last Checked: Aug 23 at 2:24AM

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.

This second-floor office property includes three separate suites available for lease, each accessed through a private building lobby on Cutter Ave. The space provides shared amenities including two restrooms and a janitor’s closet. Suite 1 is a corner-exposed layout that fronts Summer and Cutter with natural light, concrete floors, and prominent visibility. Suite 2 offers a quiet rear-facing configuration with natural light. Suite 3 features a flexible open layout along Cutter Ave and also benefits from natural light.

The building is described as being above Davis Square Donuts & Bagels and Community Credit Union, next to Rosebud, within the Davis Square area of Somerville. Public remarks note elevator access and proximity to the Red Line.

Suites are individually sized and configured for a range of office needs, supported by an open, polished aesthetic and consistent access via the building’s lobby and elevator.

Key Highlights

  • Second‑floor office space accessed via a private building lobby on Cutter Ave
  • Three available suites: 1,583 SF (Suite 1), 722 SF (Suite 2), and 1,082 SF (Suite 3)
  • Elevator access to the second‑floor suites

Property Analytics

Current Use

Davis Square Hand ... Cafe & Coffee Shop Community Credit Union Credit Union

Suggested Use

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

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

3
Office units
NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,829
Businesses Nearby

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

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Second-floor office space accessed via a private lobby, offering three suites with shared restrooms and a janitor’s closet.
Where is this office units located?
The property is located at 377 Summer Street Somerville, MA.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: Second‑floor office space accessed via a private building lobby on Cutter Ave; Three available suites: 1,583 SF (Suite 1), 722 SF (Suite 2), and 1,082 SF (Suite 3); Elevator access to the second‑floor suites
More about this property
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