318 Somerville, Somerville MA 02143
Somerville, MA 02143 • Union Square
$7,500
$6,500/mo
Track this home for price, status, and open-house alerts.
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.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
Property History
Market Insights
1
Price Changes
13.3%
Price Range
Property Timeline
Price Reduced
Jul 17, 2026
$6,500
$1,000
(-13.33%)
From $7,500 to $6,500 (-13.3%)
Listed for Rent
Feb 4, 2026
$7,500
Original listing
Agent: Clifton Verdieu
Office: Century 21 North East
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/17/2026 | ↓ Price Reduced | $6,500 | $1,000 | - | From $7,500 to $6,500 (-13.3%) |
| 02/04/2026 | 🏠 Listed for Rent | $7,500 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2021 | $19,251 | — |
Financial Details
Annual Property Tax
$19,251
Tax Year 2021
Facts & Features
New Construction
Home Facts
Type
Commercial Lease
Year Built
9999
Living Area
1,107 sq ft
Lot Size
0.0000
Rental Details
Rent Includes
None
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
Building & Pet Policy
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Middlesex
Property Overview
Listing Type
For Rent
Year Built
9999
Living Area
1,107 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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:
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
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
Middle Schools
1 school
Next Wave Junior High School
0.5 mi
16 students
Diverse
Diverse Student Body
Grades 06-08
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
Location
Loading map...
Neighborhood
Union Square
318 Somerville, Somerville MA 02143
Somerville, MA 02143
Listing Information
Listing Agent
Clifton Verdieu
Listing Office
Century 21 North East
Office Phone
617-389-1129
Agent MLS ID
BB806203
Office MLS ID
AN4345
Listing Data Updated
Aug 2, 2026 3:10 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
Contact Us
Ask about this property — free, no obligation.
Similar Rentals
Loading market insights for Somerville.