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.

Listing data courtesy of NWMLS as provided by MLS Grid as of June 23, 2026 9:01 AM UTC . All data is obtained from various sources and has not been, and will not be, verified by broker or NWMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Supplied Open House Information is subject to change without notice. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Listing data shown with the three tree icon are provided courtesy of NWMLS. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed.

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Property Details of 117 E Division Street

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