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Second-Floor Office Suite
For Lease
$5,900/Mo

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

Second-floor office suite with open workspace, three private offices, and conference room, with multiple windows for natural light.

Space SizeContact for details
Property Size2,208 SF
Days on Market76

Property Features for 403 Highland Ave. Unit 204/206

General Information

Standard status Active
Size 2,208 SF
Property subtype COMMERCIAL

Taxes and HOA fees

Annual Taxes $9,999

Building Details

Building Size 2,208 SF
Year Built 1900
Stories 2
Listing Agency: C. Brendan Noonan & Co.
Listed By: C. Brendan Noonan
Source: Madelyngarciarealestate
Added: Jun 16 Changed: Aug 21 Last Checked: Aug 29 at 4:42PM

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.

Investment Insights

Based on property information with market context.

Suite #204/206 is located on the second floor and features a large open office area with a storage closet. The layout also includes a common area with cabinets/counter and a small refrigerator, plus three private offices and a conference room (#205) across the hall. Multiple windows throughout provide natural light, and the space may be subdivided. 5G wireless cable access is available, and utilities are separately metered.

Access is via a set of stairs from street level to the second-floor offices. On-site parking is available for lease, along with on-street metered parking.

The suite is available for immediate occupancy, with negotiable lease terms.

Key Highlights

  • For lease: 2,364 SF 2nd‑floor office suite (Office Suite #204/206) at 403 Highland Ave.
  • Layout includes large open office space with storage closet plus 3 private offices and a conference room (#205).
  • Large common area with cabinets/counter and a small refrigerator.

Property Analytics

Current Use

Santander Bank Branch Bank Commonwealth Center-Consultant Psychotherapist Catalano Julie Foster Care Service Grand Central Apartments Apartment Building Martha Friend Art Gallery

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

NNN (Triple Net)
Lease Type
$4.49 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,752
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

$38.57 /SF/Yr
Avg Asking Price
$15.2–$55 /SF/Yr
Price Range
4,650 SF
Avg Space Size

This space is priced 22% below the average of $38.57 /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 suite with open workspace, three private offices, and conference room, with multiple windows for natural light.
Where is this office units located?
The property is located at 403 Highland Ave. Unit 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 2nd‑floor office suite (Office Suite #204/206) at 403 Highland Ave.; Layout includes large open office space with storage closet plus 3 private offices and a conference room (#205).; Large common area with cabinets/counter and a small refrigerator.
More about this property
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