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

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

Flexible workspace with private offices, a conference room, shared amenities, natural light, and access to transit.

Space Size2,364 SF
Days on Market90

Property Features for 403 Highland Ave. Unit 204/206

General Information

Standard status Active
Size 2,364 SF
Net Rentable 2,364 SF
Property subtype COMMERCIAL

Space & Availability

Available Space 2,364 SF
Divisible Yes
Floor 2
Space Use Office
Sublease No
Available From Immediate
Private Offices 3
Meeting Rooms 1

Lease Terms

Monthly Rent $5,900
Rent per SF/Year $29.95
Flexible Term Yes

Site & Location

Public Transit Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $9,999

Amenities

5G wireless cable access

Building Details

Building Size 2,208 SF
Year Built 1900
Listing Agency: C. Brendan Noonan & Co.
Listed By: C. Brendan Noonan
Source: Mgsgrouprealestate
Added: Jun 16 Changed: Sep 11 Last Checked: Sep 12 at 10:38AM

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.

Office Units 204/206 occupy the second floor at 403 Highland Ave. The layout combines a broad open work area with a storage closet, three private offices, and conference room #205 located across the hall. A shared area includes cabinetry, counter space, and a small refrigerator. Windows throughout the suite provide natural light, and the space may be subdivided. Utilities are separately metered, with 5G wireless cable access available.

The property is in Davis Square with immediate access to the Davis Square MBTA Red Line Station and convenient connections to Porter Square, Harvard Square, and Boston. Access to the offices is provided by a stairway from street level. On-site parking is available for lease, and metered street parking is also available. Immediate occupancy and a negotiable lease term are offered.

Key Highlights

  • Three private offices plus conference room #205
  • Open office area with storage closet and shared kitchenette‑style amenities
  • Windows throughout provide abundant natural light

Property Analytics

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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

Yes
Utilities to site
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

$35.56 /SF/Yr
Avg Asking Price
$15.2–$55 /SF/Yr
Price Range
4,159 SF
Avg Space Size

This space is priced 16% below the average of $35.56 /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 - Flexible workspace with private offices, a conference room, shared amenities, natural light, and access to transit.
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: Three private offices plus conference room #205; Open office area with storage closet and shared kitchenette‑style amenities; Windows throughout provide abundant natural light
More about this property
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