This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Send to Friend

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

240-244 Elm St - SPACES - Davis Square

Coworking Space Available in Somerville, MA

Highlights

  • Spaces offers a coworking workspace including the latest technologies, high-quality furniture and common areas.
  • Our companies help more than 2.5 million people and their businesses to work more productively.
  • Functional meeting & video conference rooms are available to help people and their businesses get things done.
  • We can tailor build your office space from 1 to 100 desks or more, we bring all the benefits of the office while your team concentrates on business.
  • We provide a choice of professional, inspiring and collaborative workspaces, communities and services.
  • Offerings at this location include: Corporate Coworking, Dedicated Desk Space, Flexible Office, Meeting/Event Space, and Virtual Office.

all available Spaces(2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rate
  • Space Use
  • Condition
  • Available
  • 2nd Floor
  • 100-8,171 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Office
  • N/A
  • TBD

Super-fast WIFI networks, designer workspaces and our curated program of events.

  • Space available from coworking provider
  • Partitioned Offices
  • Reception Area
  • Print/Copy Room
  • Fits 1 - 66 People
  • Conference Rooms
  • Wi-Fi Connectivity
  • Secure Storage
  • 3rd Floor
  • 100-8,171 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Office
  • N/A
  • TBD

Fully-furnished, IT-enabled workspace that can grow with your business - for one person or an entire team/department or company. No matter if you need a small office or a big one, Spaces can provide you with a perfectly sized environment for you and your team. Set it up the way that works for you and settle in knowing you can access your secure space 24/7 – with full access to the Business Club during regular business hours.

  • Space available from coworking provider
  • Partitioned Offices
  • Reception Area
  • Print/Copy Room
  • Fits 1 - 66 People
  • Conference Rooms
  • Wi-Fi Connectivity
  • Secure Storage
Space Size Term Rate Space Use Condition Available
2nd Floor 100-8,171 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Office N/A TBD
3rd Floor 100-8,171 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Office N/A TBD

2nd Floor

Size
100-8,171 SF
Term
Negotiable
Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
N/A
Available
TBD

3rd Floor

Size
100-8,171 SF
Term
Negotiable
Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
N/A
Available
TBD

2nd Floor

Size 100-8,171 SF
Term Negotiable
Rate Upon Request
Space Use Office
Condition N/A
Available TBD

Super-fast WIFI networks, designer workspaces and our curated program of events.

  • Space available from coworking provider
  • Fits 1 - 66 People
  • Partitioned Offices
  • Conference Rooms
  • Reception Area
  • Wi-Fi Connectivity
  • Print/Copy Room
  • Secure Storage

3rd Floor

Size 100-8,171 SF
Term Negotiable
Rate Upon Request
Space Use Office
Condition N/A
Available TBD

Fully-furnished, IT-enabled workspace that can grow with your business - for one person or an entire team/department or company. No matter if you need a small office or a big one, Spaces can provide you with a perfectly sized environment for you and your team. Set it up the way that works for you and settle in knowing you can access your secure space 24/7 – with full access to the Business Club during regular business hours.

  • Space available from coworking provider
  • Fits 1 - 66 People
  • Partitioned Offices
  • Conference Rooms
  • Reception Area
  • Wi-Fi Connectivity
  • Print/Copy Room
  • Secure Storage

About the Property

A distinctive address home to a diverse business community. Formerly a headquarters for the Social Security, this distinctive address offers modern, tech-powered office space in the heart of Davis Square. This unique location benefits all local professionals in any industry, with a work-space tailored to suit your business needs. A vibrant community of physicians, engineers, publishers, and non-profit organizations set up shop here, you’ll fit right in. And with the Red Line metro stop just steps away, you’ll have a fast link to amenities around this thriving city. Pause to enjoy cuisine at cozy, niche bistros and restaurants all around the center. Get back into shape at Arlington Health and Fitness gym that is only a mile away. Davis Square’s vibrant cultural atmosphere is buzzing with exciting entertainment venues like the Somerville Theatre and the 150-seat Davis Square Theatre. There is plenty to do in your downtime or after a long day’s work. Everything’s ready, from super-fast WiFi to stylish furniture. Not to mention a community of creative entrepreneurs who’d love to meet you. We’ll take care of the dull stuff like utilities and cleaning – all included in one simple price. Then when you want to hold a meeting, fire on some photocopies, or refuel with a cup of coffee, you simply pay as you go. So you always know where you stand.

Features and Amenities

  • Bus Line
  • Commuter Rail
  • Metro/Subway
  • Signage
  • Signalized Intersection

Links

Walk Score ®
Walker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

About Somerville/Everett

Somerville is a city rapidly in transition. With its abundance of well-educated residents and its prime access to transit, it is increasingly recognized as a growth area. Several substantial developments have transformed the city. Assembly Row in East Somerville, for example, has turned a once-isolated industrial area into a vibrant live/work/play location by adding a new stop on the Orange Line and a bevy of high-end retail and apartments. Partner’s Healthcare, the state’s largest employer, calls this community home, as will shoemaker PUMA, which will move its U.S. headquarters here by the end of 2020.

However, the real transformation for Somerville is likely still on the horizon. The state is currently underway on the $2.3 billion Green Line Extension, set to wrap up in the latter half of 2021. The 4.3-mile subway will provide rail service to some of the densely populated parts of metropolitan Boston and provide connections from Tufts University to downtown Boston and beyond. Developers are already betting on the project’s impact, and millions of square feet of office, lab, multifamily, and retail space is underway or planned from Somerville’s Union Square to Boynton Yards. This transit stop, coupled with a major recent rezoning by the City of Somerville, may lay the framework for further development in the neighborhood.

Somerville is attractive to many firms based on its affordable rents and close proximity to Cambridge and downtown Boston. CoStar’s data indicate that rents for the City of Somerville are around half those in Cambridge despite sharing a border.

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
60,483
337,521
938,724
2010 Population
57,820
311,740
844,999
2025 Population
61,653
345,881
969,772
Daytime Employees
17,313
186,093
816,781
Total Businesses
2,297
16,002
61,552
Average Household Income
$131,324
$122,459
$116,682
Median Household Income
$105,763
$96,566
$87,664
Total Consumer Spending
$769.1M
$4B
$10.8B
Median Age
34.5
34.9
34.2
2020 Households
26,002
138,481
393,289
Percent College Degree or Above
29%
26%
24%
Average Home Value
$760,070
$718,838
$722,581

Transportation

Transit/Subway

Davis Station
Massachusetts Bay Transportation Authority Subway
3 min walk 0.2 mi
Porter Square Station
Massachusetts Bay Transportation Authority Subway
13 min walk 0.6 mi

Commuter Rail

Porter Square Commuter Rail (Fitchburg/South Acton Line)
Massachusetts Bay Transportation Authority Commuter Rail
14 min walk 0.7 mi
West Medford Commuter Rail (Lowell Line)
Massachusetts Bay Transportation Authority Commuter Rail
6 min drive 2.8 mi

airplane iconAirport

Logan International Airport
16 min drive 8.5 mi

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Tour Now Tour Now

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}