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Multi-Office Suite
New
For Lease
$5,900/Mo

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

Second-floor workspace pairs an open office area with private rooms and shared support facilities.

Space SizeContact for details
Property Size2,364 SF
Days on Market2

Property Features for 403 Highland Ave. #204/206

General Information

Standard status Active
Size 2,364 SF
Zoning CBD

Taxes and HOA fees

Annual Taxes $9,999

Building Details

Building Size 2,364 SF
Year Built 1900
Listing Agency: C. Brendan Noonan & Co.
Listed By: C. Brendan Noonan
Source: 413realestate
Added: Oct 30 Last Checked: Oct 30 at 2:16PM

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.

Rey
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Investment Insights

Based on property information with market context.

Suite #204/206 occupies 2,364 SF on the second floor at 403 Highland Ave. Its layout includes an open office area with a storage closet, three private offices, and a conference room across the hall. A common area has cabinets, a counter, and a small refrigerator; windows bring natural light into the space. The suite may be subdivided, and access is by stairs from street level.

The property is in Davis Square, with immediate access to the MBTA Red Line station and convenient connections to Porter Square, Harvard Square, and Boston. The zoning designation is CBD. On-site parking is available for lease, and metered street parking is also available. Utilities are separately metered, and 5G wireless cable access is available.

Key Highlights

  • 2,364 SF second‑floor office suite
  • Three private offices, an open work area, storage closet, and conference room
  • Common area includes cabinets, a counter, and a small refrigerator

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Somerville, MA

$36.01 /SF/Yr
Avg Asking Price
$15.2–$55 /SF/Yr
Price Range
4,204 SF
Avg Space Size

This space is priced 17% below the average of $36.01 /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

Frequently Asked Questions

What type of property is this?
Office unit - Second-floor workspace pairs an open office area with private rooms and shared support facilities.
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: 2,364 SF second‑floor office suite; Three private offices, an open work area, storage closet, and conference room; Common area includes cabinets, a counter, and a small refrigerator
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