248 Everett Ave, Chelsea, MA 02150
View Map
$3,900,000
Type: Commercial
Lease Type N/A
5600 Bldg. SQFT
2 Restroom
Parking: N/A

Property Description

Prime Development & Investment Opportunity with Owner Financing Potential and Exceptional Income. Situated on a high-visibility corner lot in the heart of the Everett Avenue Urban Revitalization District, this site enjoys flexible zoning and outstanding accessibility. Short walk to the Silver Line, commuter rail, and seamless access to Boston via the Tobin Bridge. Surrounded by new high-end construction attracting thousands of professionals, this area is poised for long-term value and strong demand. Property Highlights: Three Parcels Included totaling 16,000+/- sq ft: 248 Everett Ave: 6,783 SF lot with a 3,600 SF two-story office building featuring two units, separate utilities, 4 bathrooms (including a shower), private offices, reception areas, conference rooms, and parking for 13+ vehicles as well as a 3-bay commercial garage. 250 Everett Ave: 1,050 SF lot. 157 Carter Street: 8,000 SF buildable lot. Act now to capitalize on Chelsea’s booming growth and Boston-area demand.

Property Details tap to expand

Property Information

  • Type: Commercial
  • Location: Legal Conforming
  • MLS ID#: 73370748

Financial

  • Gross Annual Expenses: 49000
  • Gross Annual Income: 144000
  • Net Operating Income: 95000

Building Information

  • Total SQFT: 5600
  • Total Restrooms: 2

Construction & Utilities

  • Utilities: Natural Gas, Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/11/2025Active$3,900,000$696MLSPIN
05/07/2025New$3,900,000$696MLSPIN
08/29/2024Expired$3,900,000$696MLSPIN
09/01/2023Active$3,900,000$696MLSPIN
08/28/2023New$3,900,000$696MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Gail Childs, Covered Bridge Real Estate Group LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-05-11 03:05:00