202 Massachusetts Ave
$12,000,000
40,050
Sqft
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$12,000,000
40,050
Living Area
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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
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Highlights
- Property Class: Commercial Sale
- Status: Active
- Year Built: 1915
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Additional Details
- Zoning: B3
- Zoning Description: Legal Conforming
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Fees / Taxes
- Tax Year: 2026
- Taxes: $68,190
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Listing information provided courtesy of Carl Christie.
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