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ALL OFFERS CONSIDERED... Rare indeed! Potential landmark development, if not the largest parcel available in the Boston area. LAND ONLY… Sitting on 17.86 acres on Chelsea Creek in Chelsea and PREVIOUSLY approved for 590 residential units and 20,000 sq ft of retail and 963 parking spots in a phased development on Rt 1a across from Suffolk downs and under 10 minutes to Logan. A copy of the previous approval is available on request. Across from Orient heights. Possible creative options available for a phased development. There are currently 4 structures on the parcel including 'Mill Type' buidings in various states of disrepair, currently unsafe by all practical standards. Three other adjacent parcels on Crescent Ave are also included. Price is 'as is' but seller is offering options depending on how the deal is structured. Buyer will need to have new plans approved. ALL PREVIOUSLY APPROVED PLANS HAVE EXPIRED.
General Information for 1 Forbes St Chelsea, MA 02150 |
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| Town | Chelsea |
| County | Suffolk |
| Status | Available |
| Listing Number | 73340334 (MLSPIN) |
Rooms Information for 1 Forbes St Chelsea, MA 02150 |
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Interior Information for 1 Forbes St Chelsea, MA 02150 |
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Exterior Information for 1 Forbes St Chelsea, MA 02150 |
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| Lot Size | 17.86 acres |
| Lot Description | Level |
| Lot | Level |
| Water | Public |
| Sewer | Public Sewer |
| Exterior Features | Fenced/Enclosed |
Neighborhood Information for 1 Forbes St Chelsea, MA 02150 |
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| Neighborhood Amenities | Public Transportation Highway Access House of Worship Public School |
Miscellaneous Information for 1 Forbes St Chelsea, MA 02150 |
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| Association Fee | 0 |
| Taxes | $9,999 /Yr |
| Comp | Buyer Agency Compensation:2.125 Buyer Agency Compensation Type:% Sub Agency Compensation: Sub Agency Compensation Type: Transaction Broker Compensation:2.125 Compensation Based On: Sub-Agency Relationship Offered:No |
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| Condo | Data |
|---|---|
| Units | 6,812 |
| Avg Price | $1,004,526 |
| Avg Days Listed | 87 |
| Total New Listings | 16 |
| House | Data |
|---|---|
| Units | 11,395 |
| Avg Price | $1,305,894 |
| Avg Days Listed | 76 |
| Total New Listings | 6 |
| Multi-Family | Data |
|---|---|
| Units | 1,788 |
| Avg Price | $1,311,451 |
| Avg Days Listed | 103 |
| Total New Listings | 9 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
| Address | Closing Date | List Price | Closing Price | % of List Price |
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| Listing: 1 of 1 | Updated 24 minutes ago |
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.
(AN5028/TM311803)
