SQUARE FEET36,400
MLS#73546206
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Rare Portfolio Offering: 49??55 Davis Square is part of a three-building portfolio for sale, which also includes 202??218 Massachusetts Avenue in Arlington and 36 College Avenue in Somerville. A landmark in the heart of Davis Square, the iconic Somerville Theatre building offers approximately 47,566 +/- SF of mixed-use space with a rich history dating back to 1914. Anchored by the renowned Somerville Theatre and the restored Crystal Ballroom, the property is a premier entertainment destination featuring a 900-seat theater, a 500-capacity live event venue, a long-term restaurant tenant, and a fully leased, recently renovated 7,500 SF office suite. Meticulously preserved and modernized over four decades of ownership, this rare investment opportunity combines historic character, significant capital improvements, diversified income streams, and an irreplaceable presence in one of Greater Boston's most vibrant commercial districts. PLEASE SEE FIRM REMARKS FOR ADDITIONAL INFORMATION
Property Features
Property Type: Commercial - Business
Lot Size: 0.32 Acres
Taxes: $130,457
Year Built: 1914
Feature Descriptions
Building Area Total: 36400
Business Type: Commercial
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 15
Rental Term: Monthly
Listed By / Shown By
Listed By
Agency Name: Carl Christie
Agent Name: Carl Christie
Agency Phone: 617-942-1137
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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49-55 Davis Square | MLS# 73546206
This commercial property located at 49-55 Davis Square, Somerville, MA 02144 is currently listed for sale with an asking price of $12,000,000. Search Somerville real estate on www.masiellogrouprealestate.com today.