Listing provided courtesy of Windermere RE ArlingtonNWMLSMLS# NWM2543918MLS Provider
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Rare opportunity to own a landmark commercial property in the heart of downtown Arlington. Situated on the north end of iconic Olympic Avenue, this approximately 8,000-square-foot building blends timeless character with exceptional investment potential. Originally constructed in 1928, the property showcases abundant old-world charm, featuring original wood floors, exposed beams and architectural details that are increasingly difficult to find. The versatile layout includes an industrial kitchen and spaces well-suited for a variety of commercial, retail, hospitality or mixed-use concepts. Currently leased to three separate tenants, the building provides immediate income with tenants expressing interest in renewing under new ownership. Alternatively, investors and entrepreneurs can explore their own vision for this historic downtown asset. With its prime location, rich history and flexible future potential, this is a unique chance to acquire one of Arlington's most distinctive commercial properties.

Source: NWMLS, MLS#: NWM2543918

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  • Property Type
    Commercial Sale
  • Lot
    0.11 acres

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  • Median Age
    43
  • Population Density
    143
  • College Educated
    32%
  • Estimated Median Income
    $83,116
  • Estimated Total Home Owners
    13,449
  • Estimated Total Renters
    4,152
  • Owner / Renter Divide
    76% / 24%
  • Estimated Average Household Size
    3
  • Total Population
    46,027
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 117 E Division Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/22/2026Source: NWMLS Added to Database
June 22, 2026