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688 Broadway, Chelsea MA 02150

Chelsea, MA 02150
$685,000
Est. $4,407/month
2,360
Sq Ft
$290
Price/Sq Ft
0.06
Acres
1920
Year Built
22
Days on Market
Active Listed Jun 16, 2026 • MLS# 73536689 Copied! • Updated Jun 20, 2026

About this home

Street-front commercial property on Broadway in Chelsea, currently built out and leased as a salon/barbershop space. The layout includes a bright customer-facing service area with multiple stations, wash areas, waiting space, restroom, rear support/storage areas, and basement/storage space. Large front windows, signage visibility, direct Broadway access, and rear off-street parking accessed through the shared covered drive-through between 682 and 688 Broadway add practical appeal for investors and long-term commercial owners. Current lease runs through 12/31/2028, offering income stability in a visible urban location near public transportation, Route 1/Tobin Bridge access, and major area routes. Adjacent 682 Broadway is also available. ***Properties may be purchased separately or together as a package. See MLS #73536687***

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jun 16, 2026
$685,000
Original listing
Agent: Team Blue Office: ERA Key Realty Services

Tax History

Year Taxes Assessment
2026 $8,916

Financial Details

Annual Property Tax
$8,916
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1920
Living Area 2,360 sq ft
Lot Size 0.06 acres
Gross Income $32,100
Net Operating Income $23,184
Operating Expenses $8,916
Cap Rate 3.38%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available

Financial

Annual Tax $8,916
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Occupied Commercial Space. Income/expenses Based On Lease & Taxes Only. Public Record/lease Sq Ft Differ. Lease Refs 3 Employee Spaces. Phase I Esa Notes Suspect Acm Sampling Before Reno/demo. Buyer To Verify Leases, Sq Ft, Zoning, Use, Parking, Access, Title & Enviro.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Suffolk

Property Overview

Listing Type
Commercial Sale
Year Built
1920
Living Area
2,360 sq ft

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials:
Roof: Rubber
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $743
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

688 Broadway, Chelsea MA 02150

Chelsea, MA 02150

Listing Information

Listing Agent Team Blue
Listing Office ERA Key Realty Services
Office Phone 978-658-8288
Agent MLS ID TEAM0456
Office MLS ID AN3576
Listing Data Updated Jun 20, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

Steven Novak

BMN Boston Real Estate

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