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318 Somerville, Somerville MA 02143

Somerville, MA 02143 • Union Square
$7,500
Est. $1,842/month
1,107
Sq Ft
$7
Price/Sq Ft
0.00
Acres
9999
Year Built
20
Days on Market
Active Listed Feb 4, 2026 • MLS# 73474381 Copied!

About this home

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.

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Property Overview

Listing Type
Commercial Lease
Year Built
9999
Living Area
1,107 sq ft

Facts & Features

New Construction

Home Facts

Type Commercial Lease
Year Built 9999
Living Area 1,107 sq ft
Lot Size 0.0000

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $19,251

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 9999
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

Union Square

318 Somerville, Somerville MA 02143

Somerville, MA 02143

Walkability

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Nearby Schools

School District
Somerville School District local
B-
✓ School Safety 2024-25
2.5% Average
1.4% Suspensions 2.2% In-School 1.1% Emergency
↓ 3.0% below state avg
E

Elementary Schools

9 schools
B+
Albert F. Argenziano School at Lincoln Park
0.1 mi | #134 of 352 | Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students Diverse
Rising School Diverse Student Body
Grades PK-08
C+
East Somerville Community School
0.6 mi | #245 of 352 | Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students Diverse
Grades PK-08
C-
Winter Hill Community School
0.7 mi | #287 of 352 | Score: 32.6
Dropped 15 spots from last year
-25.7 below state avg
388 students Diverse
Diverse Student Body
Grades PK-08
St. Theresa of the Child Jesus School
0.7 mi
Grades PK-08
A
John F Kennedy School
1.1 mi | #50 of 352 | Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students Diverse
Grades PK-08
C+
Arthur D Healey School
1.2 mi | #236 of 352 | Score: 37.5
Improved 27 spots from last year
-20.7 below state avg
482 students Diverse
Rising School Diverse Student Body
Grades PK-08
Capuano Early Childhood Center
0.6 mi
250 students Very Diverse
Diverse Student Body
Grades PK-01
A+
Benjamin G Brown School
1.4 mi | #78 of 824 | Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
1.9 mi
Grades PK-K
M

Middle Schools

1 school
Next Wave Junior High School
0.5 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

2 schools
F
Full Circle High School
0.5 mi | #344 of 346 | Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
0.5 mi | #131 of 346 | Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students Diverse
17 sports • 1,566 athletes
Rising School Career Tech Programs Strong Athletics Diverse Student Body
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,604
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Feb 4, 2026
$7,500
Original listing
Agent: Clifton Verdieu Office: Century 21 North East

Price & Status History

Date Event Price Change
Feb 4, 2026 New Listing Added $7,500 —
Aug 23, 2025 Sold $7,500 —

Market Statistics

Days on Market
20 days
Price per Sq Ft
$7

Tax History

Year Taxes Assessment
2021 $19,251 —

Financial Details

Annual Property Tax
$19,251
Tax Year 2021

Listing Information

Listing Agent Clifton Verdieu
Listing Office Century 21 North East
Agent MLS ID BB806203
Office MLS ID AN4345
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Somerville, MA

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