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40 Lake St 24,657 SF Flex Building Somerville, MA 02143 For Sale

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EXECUTIVE SUMMARY

Boston Realty Advisors is pleased to present 40 Lake Street in Somerville, Massachusetts. This ± 24,657 flex industrial building occupies .69 acres and is conveniently located between Union and Harvard Square. The property offers a versatile layout, making it well-suited for investors, owner-users, or future redevelopment.
Located just steps from Union Square and less than one mile from Harvard Square, 40 Lake Street benefits from exceptional proximity to the region’s expanding commercial and residential corridor. The site is approximately a quarter-mile from Union Square’s emerging life science and mixed-use developments and is surrounded by notable neighbors such as the Somernova innovation campus and established manufacturing and distribution businesses.
Positioned between Somerville Avenue and Washington Street—two high-traffic arteries connecting Somerville to Cambridge—the property also provides direct access to Route 28 and I-93.
The offering represents a rare opportunity to acquire a strategically located asset in one of Somerville’s most dynamic and evolving districts.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Manufacturing
  • Industrial Warehouse
  • OfficeLoft Creative Space
  • FlexLight Distribution
Building Class C
Lot Size 0.69 AC
Rentable Building Area 24,657 SF
No. Stories 3
Year Built 1918
Tenancy Single
Clear Ceiling Height 12’
No. Dock-High Doors/Loading 5
No. Drive In / Grade-Level Doors 2
Zoning FAB - Additional details available in the Somerville Zoning Ordinance.

UTILITIES

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 5,000-18,662 SF
  • Flex
  • Partial Build-Out
  • Now

Flexible, short term industrial/flex space available for lease in the heart of Somerville. Private parking and multiple loading solutions.

Space Size Space Use Condition Available
1st Floor 5,000-18,662 SF Flex Partial Build-Out Now

1st Floor

Size
5,000-18,662 SF
Space Use
Flex
Condition
Partial Build-Out
Available
Now

1st Floor

Size 5,000-18,662 SF
Space Use Flex
Condition Partial Build-Out
Available Now

Flexible, short term industrial/flex space available for lease in the heart of Somerville. Private parking and multiple loading solutions.

Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (75)
Bike Score®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 35775198

  • Date on Market: 5/7/2025

  • Last Updated:

  • Address: 40 Lake St, Somerville, MA 02143

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