MA
Middlesex
Somerville
02144
49-55 Davis Square
49-55 Davis Square, Somerville, MA 02144
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Listing Type
Commercial/Industrial
Listing Status
Active
11
$12,000,000

Home Details for 49-55 Davis Square

Price
$12,000,000
Type
Commercial Sale
Square feet
36400
Year built
1914
Lot size acres
0.32
County
Middlesex
MLS Listing#
73546206
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
    Listing Courtesy: Carl Christie - 617-942-1137
    Presented by: Carl Christie
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    EXIT PREMIER REAL ESTATE
    85 Wilmington Road, Burlington, MA 01803
    Brenda Cahoon
    License #: 9049354
    REALTOR®, MAR
    Office
    781 270 4770
    Agent
    781 910 5770
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