40 Lake Street

Somerville Massachusetts, nestled adjacent to the city of Boston and world-renowned Cambridge Massachusetts, has been poised as the next Life Science Hub in the Greater Boston Market. With the delivery of millions of square feet of life sciences facilities in Union Square & Boynton Yards, coupled with the development of over 1000 residential units and revitalized retail spaces, all within walking distance to the new Green Line Stop, this area is poised to be the next Kendall Square.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.