Acquired in 2019, 40 Joy St. in Somerville, MA presents us with an incredible opportunity for current tenants and future development. The property features 8,275 sf of building space with 7,000 sf of yard space in one of Somerville’s emerging neighborhoods centralized around the future green line stop at Washington Street Station. The building space features 4 large 13’-0” high garage doors, office space, stockroom, new lighting, new floor drains, gas heat and air conditioning. The shared yard space is negotiable and can fit up to 25 cars comfortably as parking for employees/visitors or material storage.
40 Joy St. is walkable from MBTA bus routes 86 and CT2 which connect directly to the Orange Line at Sullivan Square. The property is less than a mile from one of Somerville’s hottest neighborhoods – Union Square – the Bunker Hill Holiday Inn and Twin City Plaza. This is an excellent opportunity for a variety of uses which will benefit from the close proximity to the upcoming Green Line Extension (2021) as well as nearby dining and artist communities, including Oliveira’s Restaurant and Buddy’s.