Overview
- Updated On:
- March 3, 2025
-
- 73340334
- 0 Bathrooms
Description
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.
This property is listed by The Steve Bremis Team from Steve Bremis Realty Group
Property Listing Details
Overview
| MLS Status | Active |
|---|---|
| Price | $ 29,999,900 |
| Living Area | |
| Bedrooms |
| Total Rooms | |
|---|---|
| Listing MLS ID | 73340334 |
| Days on Market | 0 |
| Bathrooms |
Unit Information
| Bedrooms | |
|---|---|
| Full Bathrooms | |
| Half Bathrooms | |
| Cooling | |
| Heating | |
| Uncovered Parking | |
| Garage Parking | |
| Water View | Yes |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | |
| Lead Paint | |
| Outdoor Space Available | |
| Living Area Includes Basement | |
| Patio And Porch Features | |
| Parking Features | |
| Waterview Features | Creek |
| Flooring |
Building Information
| Building Name | |
|---|---|
| Units in Building | |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | Waterfront,Creek |
| Association Fee Includes | |
| Construction Materials |
| Year Built | |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | |
| Roof |
Additional Details
| Community Features | Public Transportation,Highway Access,House of Worship,Public School |
|---|---|
| Disclosures | Property is currently mortgage free. Approval costs and approval process is at the Buyer's sole expense. |
| Last Updated | 2025-03-03T16:52:00.000Z |
| Building Area Source | |
| MLS PIN Page | |
| Parcel Number | 1289680 |
| Original List Price | 29999900 |
| Listing Office | steve bremis realty group |
| Tax Annual Amount | 9999 |
|---|---|
| Tax Assessed Value | 22232900 |
| Tax Book Number | 53716 |
| Tax Year | 2024 |
| Year Built Details | |
| Year Built Source | |
| Zoning | Commercial |
| Listing Agent | the steve bremis team |
Amenities and Features
Payment Calculator
- Principal and Interest
- Property Tax
- HOA fee
Map
What's Nearby
Food
Boston Public Market
(2.35 miles)
Shake Shack
(2.31 miles)
Sambalos
(2.9 miles)
Cafe Valenciano Italian Restaurant
(2.74 miles)
Ciao! Pizza & Pasta
(1.59 miles)
Health & Medical
East Boston Neighborhood Health Center
(2.29 miles)
Darlene Ramos, MD
(3.19 miles)CHA Revere Family Health Center
(0.78 miles)Mgh Chelsea Urgent Care
(1.33 miles)E-motion Sports Massage
(2.17 miles)
Shopping
Northgate Shopping Plaza
(1.95 miles)Target
(0.67 miles)
Mystic Mall
(1.38 miles)
Marshalls
(1.17 miles)TJ Maxx
(1.38 miles)Contact Me
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1 Forbes St, Chelsea MA 02150 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.
1 Forbes St, Chelsea MA 02150 – bed 0 bath For Sale – 73340334
$ 29,999,900
Status: Active
1 Forbes St, Chelsea MA 02150, Chelsea, , Suffolk 02150
Country: US
Property Overview
MLS #: 73340334
Type: /
Action: Land
Year Built: (, Source: , Effective: )
Living Area: (Total: Square Feet, Source: )
Lot Size: 17.86 ft2 (Area: 17.86 Acres, SqFt: 777981)
Total Rooms:
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: (Main Level: )
Bathrooms: Total: 0 (Full: , Half: , Decimal: , Main Level: )
Basement:
Fireplaces: ()
Flooring:
Laundry:
Window Features:
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials:
Foundation: (Area: )
Roof:
Stories: ()
Common Walls:
Body Type:
Utilities & Green Features
Heating:
Cooling:
Water Source: Public
Sewer: Public Sewer ()
Utilities:
Electric: On-Site (Expense: )
Gas: At Street
Energy Certificate:
Green Energy Efficient:
Green Energy Generation:
Green Indoor Air Quality:
Green Water Conservation:
Insulation:
Exterior & Lot Features
Garage Spaces:
Covered Spaces:
Parking Total:
Parking Features:
Pool:
Spa:
Patio/Porch:
Fencing: Fenced/Enclosed
Lot Features: Level
View: City (Creek, Waterview Y/N: Yes)
Waterfront: Waterfront,Creek
Road Frontage: Public ()
Road Surface:
Road Responsibility:
Other Structures:
Horse Amenities:
Wooded Area:
Pasture Area:
Cultivated Area:
Additional Parcels: (Number: )
Outdoor Space:
Community & Association
Community Features: Public Transportation,Highway Access,House of Worship,Public School
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: , M: , H:
Zoning: Commercial ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
Property Description
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.
Room Details
Living Room (): x ( sqft) - Features:
Dining Room (): x ( sqft) - Features:
Kitchen (): x ( sqft) - Features:
Master Bedroom (): x ( sqft) - Features:
Master Bathroom: Features:
Laundry Dimensions:
Multi-Unit Information (if applicable)
Total Units:
Units Owner Occupied:
Unit 1: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Unit 2: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 9999 (Year: 2024)
Tax Assessed Value: 22232900
Tax Block/Lot/Book/Map: / / 53716 /
Parcel Number: 1289680
Special Licenses:
Current Financing:
Gross Income: (Scheduled: )
Net Operating Income:
Operating Expense: (Water/Sewer: , Insurance: )
Financial Data Source:
APOD Available:
Tenant Pays:
Rent Includes:
Total Actual Rent:
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: The Steve Bremis Team (MLS ID: TM311803) / Team: B0446085
Listing Office: Steve Bremis Realty Group (MLS ID: AN5028)
Agent (Property): 57
Buyer Agent MLS ID:
Buyer Office MLS ID:
Listing Agreement: ER w/Var.Rate Comm.
Listing Contract Date: 2025-03-03
Expiration Date: 1900-01-01
Original List Price: 29999900
Price Per SqFt (List):
Market Time (Property): 152 (Broker: 0, Prev Broker: 152, Prev Property: 152)
MLS Status: New
Possession:
Directions: US 1 N to Clinton St Chelsea to Forbes Street
Disclosures: Property is currently mortgage free. Approval costs and approval process is at the Buyer's sole expense., N
Lead Paint:
Title 5:
Exclusions:
Contingency:
Special Listing Conditions:
Lender Owned:
Short Sale Lender Approval Required:
Home Warranty Y/N:
Documents Available: (Count: )
Showings Deferral Date:
Open House Flag:
Listing Alert: No
Square Feet Disclosures: (Incl. Base: , Other: )
Master Book/Page: / (Page: 0235)
Sale Information (if applicable)
Close Date:
Close Price:
Price Per SqFt (Sold):
Anticipated Sold Date:
Concessions Amount:
Purchase Contract Date:
Sold vs Rent:
System Information
Property ID: 1834489
Modification Timestamp: 2025-03-03T16:52:00.000Z
Bridge Modification Timestamp: 2025-03-03T16:51:53.784Z
Original Entry Timestamp: 2025-03-03T16:52:00.000Z
Status Change Timestamp: 2025-03-03T16:52:00.000Z
Off Market Date:
Development Status:
Business Type:
