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$ 12,000,000
Est. payment /mo
New
49-55 Davis Square Somerville, MA 02144
36,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 36,400 sqft
Price per Sqft $329
MLS Listing ID 73546206
HOA Y/N false
Year Built 1914
Annual Tax Amount $130,457
Tax Year 2026
Lot Size 0.320 Acres
Acres 0.32
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
Location
State MA
County Middlesex
Zoning CC3
Direction Located in the heart of Davis Square in Somerville
Others
Senior Community false
Listed by Carl Christie
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