36,400 sqft

$12,000,000

49-55 Davis Square, Somerville MA, 02144

Price per sqft$329.67

Built in1914

Property size36,400 sqft

Property typeCommercial

Overview

Pending

Under Agreement

Listed Jul 8, 2026

Updated 3 weeks ago

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

Additional information

MLS^® ID: 73546206

Interior Features

Basement: No

Exterior Features

Lot Size: 0.32 Acres

Other Property Details

Taxes: $130,457
Tax Frequency: Annually
55+/Senior Community: No

This listing is provided by Carl Christie with Carl Christie

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Data last updated 2:32 AM UTC, 8/20/2026