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Mixed-Use Retail and Rooming House
For Sale
Contact for pricing
Pending

890 Broadway, Chelsea, MA 02150

Mixed-use property features a first-floor convenience store and a second-floor 9-room, 2-bath rooming house.

Property SizeContact for details
Days on Market150

Property Features for 890 Broadway

General Information

Standard status Pending
Property subtype Special Purpose

Building Details

Stories 2
Listing Agency: Century 21 North East Revere
Listed By: Christina Marenghi · License #MA
Source: Crexi
Added: Apr 11 Changed: Sep 5 Last Checked: Sep 5 at 1:01AM

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 Revere

Investment Insights

Based on property information with market context.

This mixed-use property includes a first-floor commercial space leased to a convenience store. The convenience store has been operated in the area since 1983, and the residential portion is located on the second floor.

The second floor is currently used as a 9-room, 2-bath rooming house. The property is described as being in a convenient area of Chelsea.

Overall, the asset combines income-producing retail on the ground level with a multi-room residential setup on the upper level.

Key Highlights

  • Mixed‑use property in Chelsea, MA with a first‑floor convenience store and a second‑floor rooming house
  • First‑floor commercial space is occupied by a convenience store that has been operating since 1983
  • Second floor currently used as a 9‑room, 2‑bathroom rooming house

Property Analytics

Current Use

American & Spanish Groceries Grocery & Convenience Store Sully's Variety Store (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Skin Care Clinic (Bike/Boat/Book/etc) Store HVAC Service Pet Store Parking Lot & Garage Pet Store & Service

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

1,139
Businesses Nearby
31k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 58% Dining 42%
ScrubaDub Car Wash Shops & Services
17,447 visits/mo 0.2 miles
Dunkin' Donuts Dining
12,934 visits/mo 0.1 miles
The UPS Store Shops & Services
387 visits/mo 0.3 miles

Demographics for 02150, MA

40,721
Population
14,162
Households
2.9
Avg Household Size
34
Median Age
22%
College-Educated
69%
High-School Grad
2.2 sq mi
ZIP Area
18,510
Density / Sq Mi
$72,122
Median Household Income
$41,046
Median Earnings
$1,861
Median Rent
$476,500
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
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Similar Off Market Nearby

  • Family Market 369 Broadway, Chelsea, MA 02150
  • Stop and Compare Market 153 Hawthorne St, Chelsea, MA 02150
  • LATINO'S MARKET 20 5th St, Chelsea, MA 02150
  • Merengue Market 2 891 Broadway, Chelsea, MA 02150

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Mixed-use property features a first-floor convenience store and a second-floor 9-room, 2-bath rooming house.
Where is this grocery and convenience store located?
The property is located at 890 Broadway Chelsea, MA.
What are key features of this property?
This property features: Mixed‑use property in Chelsea, MA with a first‑floor convenience store and a second‑floor rooming house; First‑floor commercial space is occupied by a convenience store that has been operating since 1983; Second floor currently used as a 9‑room, 2‑bathroom rooming house
More about this property
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