Theaters & Concert Hall

Somerville, MA Theaters & Concert Halls for Sale

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Historic Theater and Entertainment Building
Updated: Jun 30
Historic Theater and Entertainment Building

49 Davis Square, Somerville, MA 02144

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47,566 sqft
47,566 +/- SF theater and entertainment property built in 1914
900‑seat main auditorium plus two lower‑level screening rooms
500‑capacity Crystal Ballroom renovated and reopened in 2021
7,500 +/- SF renovated top‑floor office suite, fully occupied
1,400 +/- SF street‑level restaurant suite with the same tenant for 19 ~ years
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Somerville, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Theatre with Storefronts
Mixed-Use Theatre with Storefronts

25 + 27 Railroad Street, North Canaan, CT 06018

$695,000
10,383 sqft 0.42 AC lot

Two street-facing retail suites accompany a multi-level venue with theatre and event spaces.

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Mixed-Use Theatre with Storefronts
Mixed-Use Theatre with Storefronts

27 Railroad Street, North Canaan, CT 06018

$595,000
10,383 sqft 0.24 AC lot

Two street-level retail spaces have separate restrooms, heating and cooling, and tenants with leases in place.

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Theater Venue with Restaurant
Theater Venue with Restaurant

102 Connell Highway, Newport, RI 02840

$4,500,000
0.96 AC lot

Entertainment property combining a theater, restaurant, bar areas, commercial kitchen, patio, and backstage support space.

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Theater and Restaurant Property
Theater and Restaurant Property

102 Connell Highway, Newport, RI 02840

$4,500,000

The venue combines performance space with dining, bar service, a commercial kitchen, and an outdoor patio.

View details

Off-Market Properties in Somerville, MA

Consider similar Off-Market properties in Somerville, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

49 Davis Sq
THEATER (MOVIE)

49 Davis Sq, Somerville, MA 02144

Estimated value:
$720,000
33,985 sqft 0.32 AC lot
View details
355 Artisan Way
THEATER (MOVIE)

355 Artisan Way, Somerville, MA 02145-1229

Estimated value:
$850,000
194,400 sqft 2.60 AC lot
View details

Somerville, MA Theaters & Concert Halls Market Trends and Statistics

Explore 3 theaters & concert halls for sale in Somerville, MA on our real estate platform. These investment opportunities span a total of 47,566 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Theaters & concert halls 1

Demographics Overview

Population 78K
Population Growth (5Y) -0.3%
Median Household Income $128,262

Taxes & Financing

Tax Rate (average for all types) 1.74%
Property Tax per SF $8.73 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Middlesex County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Somerville fall within the 25,000 to 50,000 square foot range.

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