$2,700/Mo 500 SF available

148 Broadway, Chelsea, MA 02150
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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 · 2019

What does the county charge?

$21k

Tax billed · 2019

Assessed value · 2024$1.19M

Assessed land$199k

Assessed improvement$994k

Effective rate1.76%

Value estimate

· Oct 2026

$1.10M

$986k – $1.20M

AI approach$1.11M

CAP approach$1.00M

NOI build-up

Gross scheduled income$15k

Vacancy & credit loss−$1k

Operating expenses−$4k

NOI · 362.07% cap applied$10k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?

$309/SF

ZIP average, outlier-cleaned · 30 recorded sales of this use type

Observed band · Q1–Q3$149 – $426

Qualifying comparables18

Cap rate analysis

How does the asset earn?

362.07%

$10k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

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: HVAC Service

Demand heat for this use is drawn on the map · LocInt grid

Demand index

HVAC Service10.3

Skin Care Clinic10.0

Watch Repair Shop9.2

148 Broadway Chelsea, MA 02150

County assessor Recorded deeds · 4 transfers 18 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 · 6 properties nearby

Address Sale price Sold Size

1 Park, Chelsea, MA 02150-2706 $3,002,000 May 2024 4,669 SF

165 Hawthorne, Chelsea, MA 02150-3242 $1,325,000 Jan 2024 4,931 SF

443 Broadway, Chelsea, MA 02150 $1,490,000 Dec 2022 5,115 SF

210 Broadway, Chelsea, MA 02150-2738 $2,706,461 Apr 2022 5,624 SF

142 Broadway, Chelsea, MA 02150-2737 $800,000 Jun 2021 5,548 SF

62 Washington, Chelsea, MA 02150-3910 $1,350,000 Mar 2021 4,073 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

Value Estimation
$630,000

4,680 SF

275 Broadway

OFFICE/RESIDENTIAL (MIXED USE)

275 Broadway, Chelsea, MA 02150-2807

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Value Estimation
$685,000

4,778 SF

60 Addison St

OFFICE/RESIDENTIAL (MIXED USE)

60 Addison St, Chelsea, MA 02150-2473

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Value Estimation
$615,000

4,376 SF

357 Washington Ave

OFFICE/RESIDENTIAL (MIXED USE)

357 Washington Ave, Chelsea, MA 02150-3601

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Value Estimation
$600,000

4,329 SF

748-750 Broadway

OFFICE/RESIDENTIAL (MIXED USE)

748-750 Broadway, Chelsea, MA 02150

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Value Estimation
$590,000

4,183 SF

389 Washington Ave

OFFICE/RESIDENTIAL (MIXED USE)

389 Washington Ave, Chelsea, MA 02150-3601

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Value Estimation
$570,000

4,172 SF

149 Chestnut St

OFFICE/RESIDENTIAL (MIXED USE)

149 Chestnut St, Chelsea, MA 02150-3803

View Details