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You are here:
Home Massachusetts Chelsea Commercial Properties for Sale

248 Everett Ave Chelsea, MA 02150

212 Days on Boston Pads
31 Photos
$3,900,000
Type: Commercial
Lease Type N/A
5600 Bldg. SQFT
2 Restroom
Parking: N/A
248 Everett Ave
Chelsea, MA 02150

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 Overview

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

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

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View Breakdown

Map & Resources

Chelsea Opportunity Academy

Public Secondary School, Grades: 9-12

0.15mi

Chelsea High School

Public Secondary School, Grades: 9-12

0.15mi

Eugene Wright Science and Technology Academy

School

0.4mi

Joseph A. Browne School

Public Middle School, Grades: 5-8

0.41mi

Joseph A. Brown Middle School

Grades: 7-9

0.41mi

Eugene Wright Science and Technology Academy

Public Middle School, Grades: 5-8

0.41mi

Shore Educational Collaborative School

Collaborative Program

0.45mi

Starbucks

Coffee Shop

0.25mi

Common Ground Coffee Roasters

Coffee Shop & Brazilian (Cafe)

0.28mi

Five Guys

Burger (Fast Food)

0.32mi

The Dockside

American & Seafood Restaurant

0.26mi

Chelsea Station

American Restaurant

0.31mi

Tres Gatos

Brazilian Restaurant

0.32mi

Man's Best Friend

Pet Grooming

0.42mi

VCA Everett Animal Hospital

Veterinary

0.34mi

Quigley Memorial Hospital

Hospital

0.55mi

Chelsea Fire Department

Fire Station

0.53mi

Prattville Fire Station

Fire Station

0.59mi

Engine Number 1 Fire Station

Fire Station

0.59mi

Outdoor Movie Screen

Cinema

0.27mi

Memorial Stadium

Stadium

0.19mi

Carter Playground

Park

0.28mi

Jacob Scharf Park

Municipal Park

0.34mi

Eden Street Park

Park

0.43mi

Sidney I. Shapiro Playground

Municipal Park

0.45mi

Judie Dyer Park

Playground

0.32mi

Prestige Barbershop

Hairdresser

0.32mi

Shell

Gas Station

0.2mi

Shell

Gas Station

0.21mi

Sunoco

Gas Station

0.25mi

Santander

Bank

0.17mi

Citizens Bank

Bank

0.24mi

East Boston Savings Bank

Bank

0.31mi

Century Bank

Bank

0.33mi

Market Basket

Supermarket

0.11mi

PitStop

Convenience

0.21mi

Union Street Market

Convenience

0.43mi

Everett Ave @ Carter St

112

0.08mi

Everett Ave @ Carter St

112

0.09mi

Chelsea

Newburyport-Rockport
SL3

0.1mi

Everett Ave @ Vale St

112

0.11mi

Everett Ave @ Maple St

112

0.12mi

Market Basket

112
114

0.16mi

Everett Ave @ Revere Beach Pkwy

112

0.25mi

Spruce St @ Everett Ave

112
114

0.25mi

Seller's Representative: Gail Childs, Covered Bridge Real Estate Group LLC
MLS ID#: 73370748

© 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