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

    49 Davis Square, Somerville, MA 02144

    Contact for pricing
    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
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Historic Theater With Streetfront Retail
    Historic Theater With Streetfront Retail

    27 Railroad Street, North Canaan, CT 06018

    $695,000
    10,383 sqft 0.24 AC lot

    Restored entertainment venue with flexible event areas, performance infrastructure, and separately leased storefront suites.

    View details
    Historic Theater with Storefronts
    Historic Theater with Storefronts

    25 + 27 Railroad Street, North Canaan, CT 06018

    $870,000
    10,383 sqft 0.42 AC lot

    Three-level entertainment venue with flexible event areas, street-facing retail suites, and dedicated parking.

    View details
    Wedding Venue With Theater Component
    Wedding Venue With Theater Component

    50A Franklin Street, Worcester, MA 01608

    Contact for pricing
    241,766 sqft

    Built-out hospitality space combines event facilities, food service infrastructure, and dedicated entertainment capabilities.

    View details
    Historic Four-Story Theater
    Historic Four-Story Theater

    17 Pleasant St, Worcester, MA 01609

    Contact for pricing

    Shuttered historic venue within a downtown opportunity zone and covered by an urban revitalization plan.

    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

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

    355 Artisan Way, Somerville, MA 02145-1229

    $850,000
    Estimated value
    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

    Fitness centers & gyms 2
    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Middlesex County

    Retail

    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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