Chelsea, MA 02150

$1,700,000
MLS #/Web ID: 72326126
Call 1-800-839-1363
72326126

Commercial Property for sale in Chelsea, MA

for $1,700,000. This 6,194 square foot building was built in 1900 on a lot size of 0.11 Acre(s).

Property Information

  • $1,700,000
  • Commercial
  • 6,194 Square Feet
  • Taxes are $9,278
  • Commercial
  • Active
  • 2 Floors
  • Lot size of 0.11 Acre(s)
  • Built in 1900
  • Chelsea, MA
  • Chelsea Square Neighborhood
  • Suffolk County
  • MLS/Web ID is 72326126
  • Just Listed

Description

Rare DEVELOPMENT opportunity by purchasing mixed use commercial/residential located in the PRIME GOLDEN 2 BLOCKS of DOWNTOWN CHELSEA Chelsea! POSSIBLE TURNKEY BUSINESS . Nearly 4000 sq ft ground space plus 4000 full basement space for expansion. Second level has a 3 bed/2 bath 2nd fl apartment. Parking for 5-6 cars. INCREDIBLE visibility & lots of foot and auto traffic. High ceilings. Full clean basement for possible expansion. This property offers a well-established business that can be built upon or redeveloped for a different use. Retail can also be split into two storefronts. Seller is willing to stay on to ease transfer of existing baker business if wanted. City of Chelsea is about to revitalize the downtown area. Get in now. New Silver Line now open, FBI Boston Division headquarters, multiple hotels, new apartment and condo complexes are already built or being built further endorses the decision to buy now to take advantage of opportunity. Buy now for long term hold

Interior 1

Water Source

  • Public Water

Exterior 2

Parking

  • 1-20 Parking Spaces
  • Open Parking

Roof

  • Rubber

Miscellaneous 1

Location

  • Downtown

† Excluded Feature

Listed By

Listing Agent: Roy Avellaneda
Broker: Somerville - WEICHERT, REALTORS® - Metropolitan Boston Real Estate

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Market Pricing

Average % of sale price Median % of sale price
All listings in Chelsea $912,372 46 % below $449,900 74 % below
Commerical listings in Chelsea $2,544,600 50 % above $2,195,000 29 % above

Get the facts about Chelsea, MA!

Population 38,223
Population Growth (since 2000) 9 %
Median Income $49,259
Median Age 34.56
Households w/ Children 38 %

Residential Dwellings

  • Owned 3752
  • Vacant 777
  • Rented 9101

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