Rare opportunity to acquire a well-maintained brick mixed-use asset in a highly strategic Chelsea location, only 12 minutes from Logan Airport and 11 minutes from downtown Boston. The property includes a long-standing commercial tenant, El Carriel Bar, on the ground floor with a 1-bedroom residential unit above. The adjacent structure consists of three quality 2-bedroom/1-bath units. All units feature separately metered electricity, heat, and hot water, which tenants pay directly. The owner covers water and sewer, with the commercial tenant reimbursing 66.67% for 9–11 Williams and 23 Division. El Carriel has operated at this location since 2018 and recently exercised a 5-year renewal option with scheduled annual rent increases, providing proven tenant stability and consistent income growth. Continued investment and development in Chelsea further support the property’s long-term upside.
- Disclosure
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- 5-9 Family
- Orig Price:
- $1,375,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Chelsea
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02150
- Longitude:
- W72° 57' 39.3''
- Latitude:
- N42° 23' 17.2''
Commercial Sale
11 Williams Street, Chelsea, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,325,000
- Square Footage :
- 4,060 Sqft
- Year Built :
- 1915
- Lot Area :
- 0.05 Acre
- Listing ID :
- 73456488
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com