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    141-151 Orient Ave Everett, MA 02149

    Sponsored
    For Sale
    $28,000,000

    Four-acre commercial site, three parcels, existing buildings.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial real estate opportunity encompasses a substantial 4.16-acre site in Everett, Massachusetts. The property comprises three distinct parcels, each with existing building structures, presenting a unique redevelopment or expansion potential. Strategically located in lower Broadway, adjacent to the former Exxon parcel, this location offers unparalleled access to key regional amenities and transportation hubs. Proximity to the Encore Casino, Assembly Row, Wellington and Sullivan T Station, and Downtown Boston ensures high visibility and convenient access for businesses and employees. The property's substantial size and prime location make it ideal for a variety of commercial ventures. Serious inquiries only, with proof of funds required. Prospective buyers are responsible for conducting their own due diligence. Detailed financial information regarding the properties is available upon execution of a non-disclosure agreement. This is a rare chance to acquire a significant commercial land holding in a rapidly developing area of greater Boston. The existing buildings offer immediate potential for adaptive reuse or demolition to accommodate new construction. Don't miss this opportunity to secure a prime piece of Everett's commercial landscape.

    Property Features for 141-151 Orient Ave

    General Information

    Property type
    Land
    Lot Size
    174,240 SF

    HighLights

    • $28,000,000 asking price.
    • 4‑acre site comprised of three separate parcels with existing buildings.
    • Located in Everett, MA, near Encore Casino, Assembly Row, and public transportation.
    • Property is in Middlesex County, zip code 02149.
    • Serious inquiries only, proof of funds required.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Everett
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0612442
    Latitude
    42.3983949

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    FAQs

    What type of property is this?
    Land - Four-acre commercial site, three parcels, existing buildings.
    Where is this land located?
    The property is located at 141-151 Orient Ave Everett, MA.
    What is the asking price?
    The asking price for this property is $28,000,000.
    What are key features of this property?
    This property features: $28,000,000 asking price.; 4-acre site comprised of three separate parcels with existing buildings.; Located in Everett, MA, near Encore Casino, Assembly Row, and public transportation.
    Request Owner's contact information
    141-151 Orient Ave Everett, MA 02149
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    Everett, MA 02149
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    141-151 Orient Ave Everett, MA 02149
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