
318 Somerville Somerville — Photo 1 of 10
Recent Drop: $1,000
$6,500
318 Somerville, Somerville, MA 02143
Somerville, MA 02143 — Union Square
Beds
--
Baths
1
SqFt
1,107
Style
Other
Built
9999
Recently renovated commercial space in the heart of Union Square, offering 1,107 sq. ft. ideal for a wide range of creative business concepts. This turnkey space features central heating and air conditioning for year-round comfort, along with an upgraded electrical system equipped with two separate meters for added flexibility. Perfectly positioned near the Union Sq and Gilman Sq MBTA Green Line stations, the location delivers exceptional visibility, high foot traffic, and seamless access to public transportation. Surrounded by a vibrant mix of local shops and steady pedestrian activity, this space provides an excellent opportunity for tenants seeking strong exposure in a thriving community. Easy to show—vacant and secured with a lockbox. Ready for immediate occupancy.
Market Value Analysis
* Analysis is based on 10 actively listed and recently sold comparable properties strictly within Somerville, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$6,500
Was $7,500
Jul 17, 2026
MLS® 73474381
$7,500
Feb 4, 2026
MLS® 73474381
$7,500
Dec 31, 2025
MLS® 73294361
$7,500
Sep 24, 2024
MLS® 73294361
Population
25,513
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$131K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
69.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Clifton Verdieu
Listing Office: Century 21 North East
MLS® Number: 73474381
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