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11 Williams St Chelsea, MA 02150

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For Sale
$1,325,000

Mixed-use property with commercial tenant and residential units in Chelsea.

Property size:
4,060 SF

Property Features for 11 Williams St

General Information

Standard status
Active
Size
4,060 SF

Building Details

Year built
1915

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Listing Contact
Zachary Conley
Zachary Conley
Source: Corcoran

Listing Agency: NextGen Realty, Inc. Listing Agent: Zachary Conley

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Chelsea Mixed-Use Asset For Sale

This well-maintained brick mixed-use property is located in a strategic Chelsea location, approximately 12 minutes from Logan Airport and 11 minutes from downtown Boston. The property features a commercial space on the ground floor, currently occupied by El Carriel Bar, which has been operating at this location since 2018 and has recently exercised a 5-year renewal option with scheduled annual rent increases. Above the commercial space is a 1-bedroom residential unit. The adjacent structure includes three 2-bedroom/1-bath units. Each unit has separately metered electricity, heat, and hot water, which are paid directly by the tenants. The owner is responsible for water and sewer, with the commercial tenant reimbursing 66.67% for 9–11 Williams and 23 Division. The property's location in Chelsea, combined with ongoing investment and development in the area, supports its long-term potential.
Location Intelligence

Current Use by Public Records

El Carriel Bar Bar & Pub

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Chelsea
County
Suffolk
State
Massachusetts
Longitude
-71.0390414
Latitude
42.3881108

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with commercial tenant and residential units in Chelsea.
Where is this mixed-use property located?
The property is located at 11 Williams St Chelsea, MA.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: - Strategic Chelsea location, just minutes from Logan Airport and downtown Boston.; - Long-standing commercial tenant (El Carriel Bar) with a recently exercised 5-year renewal and scheduled rent increases, ensuring stable income.; - Mixed-use property featuring a commercial unit and four residential units (one 1-bedroom and three 2-bedroom).
More about this property
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