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Financial
Distress signals
Property profile

416 Broadway Chelsea, MA 02150

OFF-MARKET
Turn key restaurants
Property ID
US38-1763976
1,040 SF 0.03 ac lot Built 1900
Last sale Apr 2007 · $200,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a long-established bar and operating business in a busy downtown Chelsea building on Broadway. It has seating capacity for at least 40 people, configured for on-premises alcohol service and includes an existing liquor license. The site is located in downtown Chelsea near public transportation, providing access for customers. The venue is configured to support on-premises service and may allow modifications to expand operations, and there may be potential to add an additional level, subject to municipal approvals.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$7k
Tax billed · 2024
Assessed value$308k
Assessed land$98k
Assessed improvement$210k
Effective rate2.37%

Value estimate

· Oct 2026
$210k
$189k – $231k
AI approach$175k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$554/SF
County average, outlier-cleaned · 58 recorded sales of this use type
Observed band · Q1–Q3$292 – $850
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BR
The purpose of the BR district is to provide a downtown area with the range of business sales and services which generally constitute a c...
General categoryCOMMERCIAL
JurisdictionCHELSEA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.7
Skin Care Clinic12.6
HVAC Service10.3

Location

416 Broadway Chelsea, MA 02150-2855
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
156 Williams, Chelsea, MA 02150-3815 $1,500,000 Feb 2025 1,500 SF
63 Broadway, Chelsea, MA 02150-2605 $1,250,000 Jan 2025 1,392 SF
19 Bloomingdale, Chelsea, MA 02150-2471 $540,000 Jan 2025 1,512 SF
396 Broadway, Chelsea, MA 02150-2871 $500,000 Jun 2024 1,120 SF
394 Broadway, Chelsea, MA 02150-2871 $475,000 Jun 2024 1,120 SF
240 Everett, Chelsea, MA 02150-1817 $425,000 Apr 2022 1,488 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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