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Property profile & analytics
OFF-MARKET
Turn key restaurants

105 Everett Ave Chelsea, MA 02150-2324

8,128 SF 0.38 ac lot Built 1900
Entity Owned ~ Est. High Equity
Property ID
US38-1168060
Property summary
AI-generated overview

This 8,000 square foot mixed-use building, located at 105 Everett Avenue in Chelsea, Massachusetts, presents a unique redevelopment or owner-user opportunity. Originally constructed in 1900 and renovated in 2014, this two-story building sits on a 0.38-acre lot and boasts 7,395 square feet of net rentable space. The property's Highway Business zoning allows for diverse uses. Its prime location off Route 1 provides exceptional visibility and access to high daily traffic counts (23,000 cars). Convenient access to Interstates 93 & 95/Route 128, the MBTA Silver Line, and commuter rail enhances its appeal. The surrounding area offers a wealth of amenities, including the Mystic Mall (anchored by Market Basket, Home Goods, and T.J. Maxx), various dining options, and hotels such as the Hampton Inn, Hilton Double Tree, and Encore Boston Harbor. This property offers a blend of immediate cash flow and substantial long-term potential, making it an attractive investment for those seeking a redevelopment project or a prime owner-user location just four miles from downtown Boston. The building's history as a fire station and later a bank adds unique character.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,128 SF
Lot 0.38 ac (16,760 SF)
Zoning code BH
APN CHEL M:037 P:004
UPID US38-1168060
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Chelsea Station Restaurant Bar & Lounge Restaurant
  • Healthy Chelsea Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
105 Everett Ave LLC
105 Everett Ave LLC
since 2026
5 recorded transactions
2026
$2.3M
2023
Price N/A
2019
$1.5M
1997
$111,000
1969
Price N/A
Zoning & alternative use
BH · Chelsea, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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