105 Everett Ave 8,000 SF 81% Leased Office Building Chelsea, MA 02150 For Sale
INVESTMENT HIGHLIGHTS
- RAPIDLY TRANSFORMING, DEVELOPMENT FRIENDLY COMMUNITY
- DENSELY POPULATED AREA with good visibility and strong traffic counts
- TRANSIT-ORIENTED LOCATION
- PRIME OWNER-USER OPPORTUNITY
- SUPERIOR HIGHWAY ACCESS
- ABUNDANCE OF RETAIL, ENTERTAINMENT, & LIFESTYLE AMENITIES
EXECUTIVE SUMMARY
As exclusive sales agent, Hunneman is pleased to offer for sale 105 Everett Avenue in Chelsea, MA (“the Property”), a ±8,000 SF restored mixed-use(commercial/office) building. Originally built as the Engine 5 fire station and then subsequently a bank, 105 Everett Avenue has immense character and presents a desirable redevelopment opportunity within the rapidly transforming Chelsea market. The Property offers an attractive combination of interim cash flow and significant upside potential, presenting future ownership with predictable income during the redevelopment planning process.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
8,000 SF
Building Class
C
Year Built/Renovated
1870/1997
Percent Leased
81%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,000 SF
Slab To Slab
12’
Building FAR
0.48
Lot Size
0.38 AC
Opportunity Zone
Yes
Zoning
BH - Business Zoning Allowing for Office/Flex/Creative Space.
Parking
10 Spaces (1.25 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Over 1,500 square feet of office space available
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,518 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 1,518 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 1
Walk Score®
Walker's Paradise (91)
PROPERTY TAXES
| Parcel Number | CHEL-000037-000000-000004 | Improvements Assessment | $1,397,100 |
| Land Assessment | $334,900 | Total Assessment | $1,732,000 |
