100 Everett AveChelsea, MA 02150

Property Details for 100 Everett Ave

Year built

1982

Property size (Sq ft)

5,757 SF

Zone code

INDUST

Property type

Office properties

APN

CHEL M:037 P:003P

APU

CHELM037P003P

Description

This exceptional office space, located within the prestigious Patriot Office Park in Chelsea, offers a variety of configurations to suit diverse business needs. The property boasts a total of 100,000 square feet spread across two stories, with available suites ranging from 2,915 to 5,830 square feet. The building, constructed in 1981 and classified as Class B, provides a functional and adaptable workspace. Its versatile design caters to various office subtypes, including coworking, executive office, creative office, and medical office spaces, making it an ideal location for a wide range of businesses. The property's convenient location offers unparalleled accessibility. MBTA bus stops are situated directly in front of the building, with both commuter rail and Silver Line access within easy walking distance. Numerous retail amenities are also within walking distance, including the nearby Mystic Mall, providing employees with a wealth of options for lunch, shopping, and other needs. Furthermore, the property enjoys a strategic location just minutes from Downtown Boston via the Tobin Bridge, ensuring seamless connectivity to the city's vibrant business hub. This multi-tenant building presents a unique opportunity to establish a presence in a thriving and well-connected area. The available space is ready for immediate occupancy and offers a blend of functionality and convenience.

• CAP approach

  CAP return

  Valuation

  6%

  $951,804

  6.5%

  $878,588

  7%

  $815,832

• Comparable approach

  Method

  Valuation

  Relative Method

  $752,210

  Geo Method

  $752,210

• Alternative Use

  Use

  Valuation

  Residential

  $1,089,450

  Hospitality

  $997,930

  Educational

  $830,266

  Medical

  $858,820

  Retail

  $1,291,525

Location Insight

City

Chelsea

County

Suffolk

State

Massachusetts

Latitude

42.3943

Longitude

-71.0401

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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