Ground-Floor Storefront
13R Chelsea #13R, Everett, MA 02149
For Sale
Contact for pricing
Flexible ground-level commercial space suited to multiple uses, subject to applicable city zoning approval.
Property Size2,000 SF
Price / SF$2.75
Days on Market63
Property Features for 13R Chelsea #13R
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
Century 21 North East
(617) 389-1129
Listed By:
Sara Montemor
(857) 930-8810
Source:
Lockandkeyre
Added: Sep 9
Changed: Nov 9
Last Checked: Nov 8 at 5:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 North East
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This ground-floor storefront property offers approximately 2,000 square feet with an adaptable interior layout. The space was previously used as a church, and continued church use is acceptable to the owner. Other potential applications identified for the property include retail, office, restaurant, beauty and wellness, and day care, subject to city zoning approval and the occupant’s independent due diligence.
Built in 1935, the property is located at 13R Chelsea Unit 13R in Everett, Massachusetts. Space availability is scheduled for 09/09/2026. Its storefront format and ground-level placement support a range of commercial occupancy plans, with final use dependent on applicable approvals.
Built in 1935, the property is located at 13R Chelsea Unit 13R in Everett, Massachusetts. Space availability is scheduled for 09/09/2026. Its storefront format and ground-level placement support a range of commercial occupancy plans, with final use dependent on applicable approvals.
Key Highlights
- Approximately 2,000 SF of ground‑floor commercial space
- Previously used as a church; continued church use is acceptable to the owner
- Potential retail, office, restaurant, beauty and wellness, or day care applications
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,746
Suggested Prices Based on Cap Rates
Cap Rate 5%
$574,920
$574.9K
Cap Rate 7%
$410,657
$410.7K
Cap Rate 9%
$319,400
$319.4K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$43.9K $21.96/SF
− Vacancy
−$2.9K −$1.43/SF
EGI
$41.1K $20.53/SF
− OpEx
−$12.3K −$6.16/SF
NOI
$28.7K $14.37/SF
Area
Middlesex County, MA
Vacancy
6.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$574,920
Cap Rate 7%
$410,657
Cap Rate 9%
$319,400
Alternative Uses
Best Use
Retail
$410.7K
$359.3K – $479.1K
NOI $28,746 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M
NOI $82,879 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,971
Businesses Nearby
34k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 41%
Dunkin' Donuts
Dining
14,101 visits/mo
0.2 miles
Family Dollar
Shops & Services
7,640 visits/mo
0.1 miles
7-Eleven
Shops & Services
6,716 visits/mo
0.2 miles
7-Eleven
Shops & Services
5,960 visits/mo
0.5 miles
Demographics for 02149, MA
49,075
Population
18,541
Households
2.6
Avg Household Size
35
Median Age
23%
College-Educated
80%
High-School Grad
3.4 sq mi
ZIP Area
14,434
Density / Sq Mi
$79,658
Median Household Income
$40,836
Median Earnings
$1,988
Median Rent
$605,200
Median Home Value
Market
Average Price Trend$/SF for Storefront properties in Middlesex County, MA
Properties on Market for Storefront properties in Middlesex County
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Berkely Flower Supply — 260 2nd St, Chelsea, MA 02150
- Boston Flower Exchange Inc — 260 2nd st, chelsea, ma 02150
- Stop & Shop Florist — everett, ma 02149
- Everett Florist — 379 Broadway, Everett, MA 02149
- Marji's Florist & Gift Shop — 252 main st, everett, ma 02149
Frequently Asked Questions
What type of property is this?
Storefront property - Flexible ground-level commercial space suited to multiple uses, subject to applicable city zoning approval.
Where is this storefront property located?
The property is located at 13R Chelsea #13R Everett, MA.
What are key features of this property?
This property features: Approximately 2,000 SF of ground‑floor commercial space; Previously used as a church; continued church use is acceptable to the owner; Potential retail, office, restaurant, beauty and wellness, or day care applications
