Mixed-Use Theater
For Sale
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202-218 Massachusetts Avenue, Arlington, MA 02474
Three-story mixed-use building with retail storefronts and a 20,000 SF cinema tenant occupying multiple auditoriums.
Property Size50,032 SF
Days on Market70
Property Features for 202-218 Massachusetts Avenue
General Information
Standard status
Active
Size
50,032 SF
Property subtype
Retail, Multifamily, Mixed Use
Additional Details
Multifamily Units
18
Building Details
Year Built
1920
Buildings
1
Stories
3
Units
24
Tenancy
Multi
Listing Agency:
Hunneman
Listed By:
Carl Christie · License #MA 9521806
(781) 888-5284
Source:
Crexi
Added: Jun 30
Changed: Aug 27
Last Checked: Sep 6 at 3:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hunneman
Investment Insights
Based on property information with market context.
202–218 Massachusetts Avenue, also known as the Capitol Theatre Building or Capitol Block, is a historic three-story mixed-use property constructed in 1915 and operated as a theater since 1925. The building includes six commercial suites and eighteen residential apartments, totaling twenty-four units. Approximately 50,032 ± SF of gross building area and 39,900 ± SF of rentable area are reported per the rent roll.
The largest tenant is the Capitol Theatre, occupying approximately 20,000 ± SF and featuring six auditoriums (movie theaters) with seating ranging from 65 to 287. The cinema includes digital production and sound, with some auditoriums noted as REAL-D 3D and all featuring Dolby Digital sound. Concession offerings include soft drinks, candy, buttered popcorn, ICEE frozen slushies, Richardson’s Ice Cream, and beer and wine.
In addition to the theater, the property includes five retail storefronts sized from 600 to 1,800 ± SF. Several of these storefront tenants have been operating at the location for decades.
The largest tenant is the Capitol Theatre, occupying approximately 20,000 ± SF and featuring six auditoriums (movie theaters) with seating ranging from 65 to 287. The cinema includes digital production and sound, with some auditoriums noted as REAL-D 3D and all featuring Dolby Digital sound. Concession offerings include soft drinks, candy, buttered popcorn, ICEE frozen slushies, Richardson’s Ice Cream, and beer and wine.
In addition to the theater, the property includes five retail storefronts sized from 600 to 1,800 ± SF. Several of these storefront tenants have been operating at the location for decades.
Key Highlights
- Three‑story mixed‑use building (Capitol Theatre Building/Capitol Block) on the corner of Lake Street and Mass Ave in Arlington, MA
- 24 total units: 6 commercial suites and 18 residential apartments
- Approximately 50,032 ± SF gross building area and 39,900 ± SF rentable area per the rent roll
Property Analytics
Current Use
Lease Details
18
Residential units
Location Intelligence
Trade Area within ½ mile
1,316
Businesses Nearby
Explore this area
Business Placement
Demographics for 02474, MA
28,551
Population
12,541
Households
2.3
Avg Household Size
40
Median Age
74%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
9,210
Density / Sq Mi
$139,199
Median Household Income
$80,498
Median Earnings
$2,157
Median Rent
$887,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Theater & concert hall - Three-story mixed-use building with retail storefronts and a 20,000 SF cinema tenant occupying multiple auditoriums.
Where is this theater & concert hall located?
The property is located at 202-218 Massachusetts Avenue Arlington, MA.
What are key features of this property?
This property features: Three‑story mixed‑use building (Capitol Theatre Building/Capitol Block) on the corner of Lake Street and Mass Ave in Arlington, MA; 24 total units: 6 commercial suites and 18 residential apartments; Approximately 50,032 ± SF gross building area and 39,900 ± SF rentable area per the rent roll
