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105 Everett Ave Chelsea, MA 02150

Prime Chelsea location, redevelopment opportunity

Overview

Added:
Dec 11, 2024
Days on market:
132
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.

Highlights

  • Strong interim cash flow provides predictable income during redevelopment.
  • Prime owner-user opportunity in a desirable urban infill location, four miles from Downtown Boston.
  • Robust office and retail market fundamentals.
  • Excellent transit-oriented location with superior highway access.
  • Rapidly developing, pro-development community.
  • Abundant retail, entertainment, and lifestyle amenities.

Property Details for 105 Everett Ave

Property type
Specialty properties, Office properties
Square Feet
8,000 SF
Year Built/Renovated
1900/2014
Buildings
1
Stories
2
Lot Size (sq. ft)
16,553 SF

Location Insight

City
Chelsea
County
Suffolk
State
Massachusetts
Latitude
42.3945071
Longitude
-71.0390437

FAQs

What type of property is this?
Specialty property - Prime Chelsea location, redevelopment opportunity
Where is the specialty property located?
The property is located at 105 Everett Ave Chelsea, MA.
What are key features of this property?
This property features: Strong interim cash flow provides predictable income during redevelopment.; Prime owner-user opportunity in a desirable urban infill location, four miles from Downtown Boston.; Robust office and retail market fundamentals.
How can I contact the broker?
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105 Everett Ave
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