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Second-Floor Office Suite

403 Highland Ave. # 204/206, Somerville, MA 02144

For Lease
$5,900/Mo

Well-lit second-floor office suite with private offices, conference space, and nearby transit access.

Space SizeContact for details
Property Size2,208 SF
Days on Market150

Property Features for 403 Highland Ave. # 204/206

General Information

Standard status Active
Size 2,208 SF
Zoning CBD
Lease Type Gross

Taxes and HOA fees

Annual Taxes $9,999

Amenities

No HOA Fees

Building Details

Building Size 2,208 SF
Year Built 1900
Stories 2
Listing Agency: C. Brendan Noonan & Co
Listed By: C. Brendan Noonan
Source: Bournetosellrealestate
Added: Jun 16 Changed: Oct 31 Last Checked: Oct 7 at 9:43AM

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 C. Brendan Noonan & Co

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Investment Insights

Based on property information with market context.

Located at 403 Highland Ave., Suites #204/206 comprise a second-floor office arrangement accessible via a stair entry from street level. The space includes a large open office area with a storage closet, along with a common area featuring cabinets/counter space and a small refrigerator. In addition, the suite has three private offices and a conference room (#205) across the hall. Multiple windows throughout provide natural light. The space may be subdivided, and 5G wireless cable access is available.

The property benefits from a highly visible, heavily trafficked setting, with immediate access to the Davis Square MBTA Red Line Station. Convenient connections to Porter and Harvard Squares are also referenced in the available information.

This configuration is well suited for office tenants seeking a mix of open work area and enclosed rooms, including dedicated conference space. Utilities are separately metered, and the suite supports flexible lease timing with immediate occupancy noted. On-site parking is available for lease, complemented by metered on-street parking, making the building practical for both staff and visitors.

Key Highlights

  • For lease: 2,364 SF office space on the 2nd floor in Davis Square
  • Office suite #204/206 includes a large open area with storage closet, 3 private offices, and a conference room (#205) across the hall
  • Large common area with cabinets/counter and a small refrigerator, with multiple windows for natural light

Property Analytics

Current Use

Office Units

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
$4.81 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,250
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

$36.82 /SF/Yr
Avg Asking Price
$14.4–$55 /SF/Yr
Price Range
4,247 SF
Avg Space Size

This space is priced 13% below the average of $36.82 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Somerville, MA

$38.49 Jul
$36.47 Aug
$35.66 Sep
$36.82 Oct

Properties on Market for Office Units in Somerville

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Well-lit second-floor office suite with private offices, conference space, and nearby transit access.
Where is this office unit located?
The property is located at 403 Highland Ave. # 204/206 Somerville, MA.
What is the lease rate?
The lease rate is $5,900/Mo.
What are key features of this property?
This property features: For lease: 2,364 SF office space on the 2nd floor in Davis Square; Office suite #204/206 includes a large open area with storage closet, 3 private offices, and a conference room (#205) across the hall; Large common area with cabinets/counter and a small refrigerator, with multiple windows for natural light
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