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331 Broadway Chelsea, MA 02150
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Key Details
Sold Price $1,425,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,194 sqft
Price per Sqft $230
MLS Listing ID 72520543
Year Built 1900
Annual Tax Amount $9,277
Tax Year 2018
Lot Size 4,791 Sqft
Property Description
ECONOMIC OPPORTUNITY ZONE PARCEL: RARE DEVELOPMENT opportunity by purchasing mixed use commercial/residential located in the PRIME GOLDEN 2 BLOCKS of DOWNTOWN CHELSEA! Nearly 4000 sq ft ground space plus 4000 full basement space for retail use. Second level CURRENTLY has a 3 bed/2 bath 2nd fl apartment. ZONING ALLOWS up to 80 ft height. RESIDENTIAL EXPANSION POSSIBLE. Parking IN REAR 5 cars. INCREDIBLE visibility & lots of foot and auto traffic. City of Chelsea is focused on improvements in the downtown area. Newer sidewalks, streets, bike paths, signal lights to come. Silver Line now open, CASINO now open. FBI Boston Division headquarters, multiple hotels, new apartment and condo complexes are already built or being built further validates the decision to buy now to take advantage of opportunity.
Location
State MA
County Suffolk
Zoning BR
Exterior
Utilities Available Public Water
Roof Type Rubber
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Bought with Ivy Li • Keller Williams Realty
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