$5,500,000
$5,500,000
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1.56 Acres Lot
SOLD DATE : 05/13/2024
Key Details
Sold Price $5,500,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 73205021
Sold Date 05/13/24
HOA Y/N false
Year Built 1961
Annual Tax Amount $107,070
Tax Year 2024
Lot Size 1.560 Acres
Acres 1.56
Property Description
Right in the heart of the Everett exploding market! This mixed-use property has 2 AAA Tenants and a Church Tenant. All leases are TRIPLE NET. The main parcel contains a Taco Bell and an Auto Zone. There is a second attached lot “C” listed as 307 Chelsea Street currently used as open parking. There are 3 separate buildings. Possibly a buildable lot for condos or apartments up to 30 units depending on plans and permitting. There is a possible expansion of up to 3 floors above current Auto Zone/Church buildings. There are a number of units built or being built across the street that consist of 5 stories. OWNER MAKES NO REPRESENTATIONS OR WARRANTIES. BUYER IS RESPONSIBLE FOR THEIR OWN DUE DILIGENCE. All measurements are provided by public record or by seller and buyer is responsible for verification.
Location
State MA
County Middlesex
Zoning BD
Direction Enter directly on Revere Beach Parkway or from Chelsea St.
Exterior
Total Parking Spaces 75
Others
Senior Community false
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Bought with Edward Accomando • RE/MAX Andrew Realty Services
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "