

Somerville Theatre Building
Fully Occupied, Multi-tenant Commercial Theatre / Live Event
Marketing description
Built in 1914 as a vaudeville theatre and entertainment destination, 49–55 Davis Square is now
known as the Somerville Theatre building, a landmark 47,566 +/- square-foot property at the center
of Davis Square. Designed by Funk & Wilcox, it originally hosted live performances, vaudeville, and
motion pictures. Today, it remains the only surviving vaudeville-era theatre in the Boston area and
one of the oldest continuously operating movie theatres in the United States.
The building is anchored by the Somerville Theatre and the Crystal Ballroom, which together serve
as major entertainment destinations for the region. The theatre features a 900-seat main auditorium
and two lower-level screening rooms, while the Crystal Ballroom is a 500-capacity live event venue
that was renovated and reopened in 2021, featuring modern audiovisual systems, lighting, and guest
amenities.
The street level suite is a 1,400 ± restaurant space the has been occupied by the same tenant for the last 19 ~ years.
The top floor, 7,500 ± SF office suite was recently renovated with a $259,516 +/- build-out and is fully occupied
Investment highlights
49-55 Davis Square is part of the 3 building Arlington - Somerville Portfolio:
The Arlington–Somerville Portfolio presents a rare opportunity to acquire three iconic mixed-use and multifamily assets totaling more than 130,000 square feet in two of Greater Boston’s most desirable, supply constrained locations: Davis Square in Somerville and Massachusetts Avenue in East Arlington. The fully occupied portfolio includes ten commercial suites and sixty-one apartment units across the historic Capitol Block (202–218 Massachusetts Avenue, Arlington), the landmark Somerville Theatre Building (49–55 Davis Square, Somerville), and the Bryant Chambers Apartment Building (36 College Avenue, Somerville).
Together, these irreplaceable assets occupy prime transit-oriented locations with strong demographics, limited new supply, and sustained tenant demand. The portfolio offers stable cash flow, diversified income streams, and long-term appreciation potential backed by exceptional locations and significant barriers to entry.
Listing Contacts


Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?













