Property profile

90 EVERETT AVE Chelsea, MA 2150

OFF-MARKET
Office Building
Property ID
US38-1473990
50,264 SF 1.3 ac lot Built 1992
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Property summary

AI-generated overview

Chelsea Square in Chelsea, Massachusetts is a seven-building mixed-use urban campus with approximately 260,000 rentable square feet. The property has supported a range of tenant uses, including medical, office, light manufacturing, and biotech applications. It includes amenities such as an on-site property management office, a grab-and-go café, and an Eastern Bank branch, and it is served by nearby MBTA access including a Silver Line stop. Chelsea Square includes a Bunker Hill Community College satellite location and has historically housed organizations such as Chelsea Clock and Eastern Bank. The campus is positioned in close proximity to downtown Boston and Logan International Airport, with convenient access to major transit routes including MBTA Silver Line and Commuter Rail service; the Boston skyline is visible from the area. The listing referenced an available space of approximately 3,500 square feet, indicating the property can support smaller tenant footprints within the larger campus setting.

Property profile

Verified
Property type Office Building
Year built 1992
Total area 50,264 SF
Lot 1.3 ac (56,628 SF)
APN CHEL M:037 P:003
UPID US38-1473990

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tax Preparation
  • Alternative Medicine Practice
  • Insurance Agency
  • City Government Office
  • Bank Loan Service

Location

90 EVERETT AVE Chelsea, MA 2150
Chelsea metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2019
Last sale
$13.5M
2 recorded transactions
2023
Price N/A
2019
$13.5M
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