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Investment Highlights

  • Established industrial location

Executive Summary

CBRE is pleased to offer for sale or lease, 321 Washington Street, a ±77,774 square foot industrial building located in Somerville, Massachusetts (“the Property” or “321 Washington”). The Property offers today’s most sophisticated industrial users best-in-class specifications featuring a ±2.95-acre site, 22’-24’6” clear, four tailboard dock doors, two drive-in doors, and one loading platform, and generous column spacing of 34’ x 34’, among others. The site’s urban infill location offers unmatched highway accessibility and public transportation options, located within 1.5 miles to Interstate 93 and 2.5 miles to Interstate 90 (Massachusetts Turnpike) and 0.5 miles to the newly opened Union Square Station, offering MBTA Blue and Green line options. 321 Washington is being offered free and clear from existing debt. Once qualified investors have had an opportunity to
thoroughly review the materials, CBRE will schedule a “call for offers”.

Property Facts

Price $38,198,721 CAD
Price Per SF $491.15 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 2.95 AC
Rentable Building Area 77,774 SF
No. Stories 1
Year Built 1935
Parking Ratio 0.96/1,000 SF
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 6
No. Drive In / Grade-Level Doors 3
Zoning FAB - Building located in the FAB (Fabrication) Industrial subdistrict of the general Commercial District.

Amenities

  • 24 Hour Access
  • Front Loading
  • Signage
  • Storage Space

Utilities

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

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 30,000-77,774 SF
  • Industrial
  • Full Build-Out
  • Now

CBRE is pleased to offer for sale or lease, 321 Washington Street, a ±77,774 square foot industrial building located in Somerville, Massachusetts (“the Property” or “321 Washington”). The Property offers today’s most sophisticated industrial users best-in-class specifications featuring a ±2.95-acre site, 22’-24’6” clear, four tailboard dock doors, two drive-in doors, and one loading platform, and generous column spacing of 34’ x 34’, among others. The site’s urban infill location offers unmatched highway accessibility and public transportation options, located within 1.5 miles to Interstate 93 and 2.5 miles to Interstate 90 (Massachusetts Turnpike) and 0.5 miles to the newly opened Union Square Station, offering MBTA Blue and Green line options.

Space Size Space Use Build-Out Available
1st Floor 30,000-77,774 SF Industrial Full Build-Out Now

1st Floor

Size
30,000-77,774 SF
Space Use
Industrial
Build-Out
Full Build-Out
Available
Now

1st Floor

Size 30,000-77,774 SF
Space Use Industrial
Build-Out Full Build-Out
Available Now

CBRE is pleased to offer for sale or lease, 321 Washington Street, a ±77,774 square foot industrial building located in Somerville, Massachusetts (“the Property” or “321 Washington”). The Property offers today’s most sophisticated industrial users best-in-class specifications featuring a ±2.95-acre site, 22’-24’6” clear, four tailboard dock doors, two drive-in doors, and one loading platform, and generous column spacing of 34’ x 34’, among others. The site’s urban infill location offers unmatched highway accessibility and public transportation options, located within 1.5 miles to Interstate 93 and 2.5 miles to Interstate 90 (Massachusetts Turnpike) and 0.5 miles to the newly opened Union Square Station, offering MBTA Blue and Green line options.

Exceptionally walkable
100/100
Fairly drivable
40/100
Good public transit
70/100
Exceptionally bikeable
90/100

Property Taxes

Property Taxes

Parcel Number
SOME M:64 B:B L:7
Land Assessment
$5,382,344 CAD
Improvements Assessment
$4,301,869 CAD
Total Assessment
$9,684,213 CAD
  • Listing ID: 36170383

  • Date on Market: 2025-06-09

  • Last Updated:

  • Address: 321 Washington St, Somerville, MA 02143

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