$9,000,000
( $365.01Per Sq Foot )
 $48,314 est/mo Sourced by Back At You

40 Lake Street,Somerville, MA 02143

Somerville, MA 02143

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Description

40 Lake Street offers a compelling opportunity for investors, users, and business owners seeking to acquire an industrial flex building strategically located between Union Square and Harvard Square. Spanning a total of +/-24,657 square feet, the property is situated on a .69-acre parcel. Formerly utilized as a manufacturing facility, it features two (2) drive-in garage doors, four (4) loading areas and ample parking space for 15 or more vehicles. The property's FAB zoning permits a diverse range of flex uses. It is being sold vacant, providing potential buyers with immediate occupancy opportunities.

Details

MLS#73369519
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1912
Days On Site10
Listing Provided ByBoston Realty Advisors | Daniel Alper

Features

Bath(s)3
SQ Feet24,657
ZoningFAB
Acreage0.69

Market Activity 02143

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Learn More About This Property

StateMA
CountyMiddlesex
CitySomerville
Zip Code02143
AreaUnion Square
Listing VS Median (in 02143)
Price:
$9,000,000
low | high
Med:
$4,948
100% of Average
SqFt:
24,657
low | high
Med:
1,700
100% of Average
$ / SqFt:
$365
low | high
Med:
$4
100% of Average
On site:
10
low | high
Med:
44.000000
22.727272727273% of Average
Sourced by Back At You
Listing Updated: May 9, 2025 at 3:22:03 AM PDT