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Storefront with Finished Basement
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449 Broadway Unit A, Everett, MA 02149

Street-level commercial space includes two restrooms, electric heat, and additional storage.

Property Size2,360 SF
Price / SF$2.03
Days on Market3

Property Features for 449 Broadway Unit A

General Information

Standard status Active
Size 2,360 SF
Property subtype Commercial

Amenities

2 restrooms
electric heat

Building Details

Year Built 2024
Listing Agency: Century 21 North East
Listed By: Paloma Correa
Source: Lockandkeyre
Added: Oct 23 Changed: Oct 24 Last Checked: Oct 24 at 3:13PM

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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Investment Insights

Based on property information with market context.

The Everett property, built in 2024, offers approximately 1,320 square feet of street-level storefront area, along with approximately 1,000 square feet of finished basement space. Additional storage, two restrooms, and electric heat are included.

Located at 449 Broadway Unit A, the property is near Everett City Hall.

Key Highlights

  • Approximately 1,320 square feet of street‑level storefront space
  • Approximately 1,000 square feet of finished basement area
  • Two restrooms and electric heat

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,920
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,400 $678.4K
Cap Rate 7%
$484,571 $484.6K
Cap Rate 9%
$376,889 $376.9K
Market Conditions
NOI Build-Up for 2,360 SF
Gross rent
$51.8K $21.96/SF
− Vacancy
−$3.4K −$1.43/SF
EGI
$48.5K $20.53/SF
− OpEx
−$14.5K −$6.16/SF
NOI
$33.9K $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%
$678,400
Cap Rate 7%
$484,571
Cap Rate 9%
$376,889

Alternative Uses

Best Use
Retail
$484.6K
$424.0K – $565.3K (±1% cap)
NOI $33,920 @ 7.0% cap · market cap 706.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M (±1% cap)
NOI $97,798 @ 7.0% cap · market cap 2,037.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

R&m Accounting Tax ... Tax Preparation Nick Cerio's Kenpo ... Training Center D C Associates IT Consulting Firm Santos Beauty Space Hair Salon Omega Tax Services Accounting Firm

Suggested Use

Top Pick Parking Lot & Garage Acupuncture Catering Service (Bike/Boat/Book/etc) Store Law Firm Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,971
Businesses Nearby
34k
Monthly Visits Nearby
Under-served
Demand for This Use

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

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

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 - Street-level commercial space includes two restrooms, electric heat, and additional storage.
Where is this storefront property located?
The property is located at 449 Broadway Unit A Everett, MA.
What are key features of this property?
This property features: Approximately 1,320 square feet of street‑level storefront space; Approximately 1,000 square feet of finished basement area; Two restrooms and electric heat
More about this property
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