Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    111 Shurtleff St Chelsea, MA 02150

    • Office buildings
    • 1,075 SF
    • 0.03 lot acres
    For Sale
    View listing
    $390,000
    Value Estimation
    Location Intelligence
    Property ID
    US38-1798445
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • D & S General Contracting / General Contractor

    Property Details for 111 Shurtleff St

    Year built
    1935
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.03 lot acres
    Property size
    1,075 SF
    Zone code
    R3
    Property type
    Office buildings
    APN
    CHEL M:020 P:102
    APU
    CHELM020P102

    Description

    This single-story, 1,080 square foot Class C office building in Chelsea, Massachusetts, is available for $425,000. Located on a 1,108 square foot corner lot, this vacant property offers an open floor plan ideal for various business uses. A full bathroom is conveniently located on the first floor, and additional storage space is available in the basement. Its central location provides easy access to major transportation hubs, including the Chelsea MBTA Commuter Rail Station, the MBTA Silver Line, and numerous bus routes. This strategic positioning ensures convenient commutes to Logan Airport, Downtown Boston, and the Seaport District. The property's excellent accessibility and flexible layout make it an attractive investment opportunity for businesses seeking a well-situated space in a thriving area. The building is situated in Suffolk County, MA, with the address being 111 Shurtleff St, Chelsea, MA 02150.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $225,000
      6.5%
      $195,000
      7%
      $195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $190,000
      Geo Method
      $190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $215,000
      Retail
      $200,000
      Mixed-Use
      $210,000
      Hospitality
      $220,000
      Educational
      $210,000
      Residential Income
      $185,000
      Energy
      $215,000
      Income-Based Land
      $215,000
      Food Service
      $225,000

    Location Insight

    • Map
    • Local Demand
    City
    Chelsea
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0343
    Latitude
    42.3902
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,769
    $55,200
    $229,800
    $285,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,954 SF

      99 Marginal St

      OFFICE BUILDING • 4,954 SF
      99 Marginal St, Chelsea, MA 02150-3461
      View Details
    • Value Estimation by Request
      4,176 SF

      121 Captains Row

      OFFICE BUILDING • 4,176 SF
      121 Captains Row, Chelsea, MA 02150-4019
      View Details
    • Value Estimation by Request
      3,537 SF

      248 Everett Ave

      OFFICE BUILDING • 3,537 SF
      248 Everett Ave, Chelsea, MA 02150-1817
      View Details
    • Value Estimation
      $250,000
      1,080 SF

      688 Broadway

      OFFICE BUILDING • 1,080 SF
      688 Broadway, Chelsea, MA 02150-2511
      View Details
    • Value Estimation by Request
      239,840 SF

      201 Maple St

      OFFICE BUILDING • 239,840 SF
      201 Maple St, Chelsea, MA 02150-1821
      View Details
    • Value Estimation by Request
      50,264 SF

      90 Everett Ave

      OFFICE BUILDING • 50,264 SF
      90 Everett Ave, Chelsea, MA 02150-2311
      View Details

    Similar Nearby for Sale

    • $850,000

      Updated Two-Family Home Near Downtown

      Updated two-family home near Downtown Chelsea with strong rental income.
      29 Cottage St, Chelsea, MA 02150
      View Details
    • $885,000

      Chelsea Two-Family Home Opportunity

      Two-family home in Chelsea, ideal for investors or owner-occupants.
      17 Ingleside Ave, Chelsea, MA 02150
      View Details
    • $499,000

      Spacious Two-Family Home Near Transit

      Two-family home near transit, ideal for investors or conversion.
      65 6Th St, Chelsea, MA 02150
      View Details
    • $949,900

      Chelsea Multifamily Investment Opportunity

      Fully occupied three-unit property in a prime Chelsea location.
      837 Broadway, Chelsea, MA 02150
      View Details
    • $1,550,000

      Chelsea Multifamily Investment Opportunity

      Six-unit multifamily in Chelsea's Prattville neighborhood with strong cash flow.
      4 Warren Ave, Chelsea, MA 02150
      View Details
    • $1,700,000

      Chelsea Commercial Building For Sale

      Versatile commercial building in Chelsea's transforming downtown district.
      22 Washington Ave, Chelsea, MA 02150
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,074 SF

      Renovated Office Building with Parking

      Renovated office building with exposed brick, high ceilings, and parking.
      46 Arlington St, Chelsea, MA 02150
      View Details
    • $22 SF/Yr
      3,358 SF

      Multipurpose Warehouse with Office Space

      Warehouse facility featuring industrial space and second-floor office space.
      150 Eastern Ave, Chelsea, MA 02150
      View Details
    • Contact for pricing
      4,075 SF

      Chelsea Office Space For Lease

      Office space for lease in Chelsea's industrial/airport district.
      140 Eastern Ave, Chelsea, MA 02150
      View Details
    • $18 SF/Yr
      100,000 SF

      Patriot Office Park: Chelsea Office Space

      Flexible Suites, Prime Chelsea Location
      100 Everett Ave, Chelsea, MA 02150
      View Details
    • $1,500 /Mo

      Modern Office Share Opportunity

      Private office with shared conference rooms, waiting room, and kitchen.
      111 Everett Ave, Chelsea, MA 02150
      View Details
    • Contact for pricing
      4,730 SF

      Chelsea Executive Office Suites

      Prime Chelsea location, flexible space available
      145 Beech St, Chelsea, MA 02150
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    111 Shurtleff St
    Chelsea, MA 02150
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.