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$ 12,000,000
Est. payment | /mo
40,050 SqFt
$ 12,000,000
Est. payment | /mo
40,050 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 40,050 sqft
Price per Sqft $299
MLS Listing ID 73553935
HOA Y/N false
Year Built 1915
Annual Tax Amount $68,190
Tax Year 2026
Lot Size 0.550 Acres
Acres 0.55
Property Description
Rare Portfolio Offering: 202-218 Massachusetts Avenue is part of a three-building portfolio for sale, which also includes 36 College Avenue and 49–55 Davis Square in Somerville. The property is prominently located on the corner of Lake Street and Mass Ave. in Arlington, MA. This three-story mixed-use property comprises 24 units, including 6 commercial suites and 18 residential apartments, totaling approximately 50,032± SF of gross building area and 39,900± SF of rentable area. The property is anchored by the historic Capitol Theatre and represents a fully occupied income property with strong historical occupancy, existing cash flow, and future upside potential. PLEASE SEE FIRM REMARKS FOR ADDITIONAL INFORMATION **the property was offered under listing 73546199
Location
State MA
County Middlesex
Zoning B3
Direction Located on the corner of Mass Ave. and Lake St. in East Arlington
Others
Senior Community false
Listed by Carl Christie