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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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49-55 Davis Square , Somerville, MA 02144
$12,000,000
Est. Payment: $26,666.67/mo
0 Bed
0 Bath
36400 Sqft
Status: Under Agreement | Days on site: 21
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AN6071 - CN238517
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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
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Highlights

Listed by Carl Christie , 617-942-1137 Carl Christie , 617-942-1137.

Property Type

Commercial Sale
Lot/Acreage
0.32

Year Built

1914

County

Middlesex

Listing ID

73546206

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Zoning:Legal Conforming
Principal Interest
$26,667
Taxes
$10,871

Home Price

$12,000,000

Loan Details

30 yrs
%

Down Payment

20%
$2,400,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$26,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $26,666.67 $10,871.42 $0.00 $37,538.08
Yearly $320,000.00 $130,457.00 $0.00 $450,457.00
Total $9,600,000.00 $3,913,710.00 $0.00 $13,513,710.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Somerville, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.