105 Everett Ave Chelsea, MA 02150-2324
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.
-
Chelsea Station Restaurant Bar & Lounge Restaurant
-
Healthy Chelsea Community Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BH · Chelsea, MAChelsea. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.