617-438-5100
445-455 Broadway, Everett, MA for Sale
Apartments - FOR SALE
1/13
null | Request Cap Rate

445-455 Broadway
Everett, MA 02149
Downtown Everett


HIGHLIGHTS

  • Immediate income from 26 fully leased retail/office units
  • Approved 33-unit residential project, shovel-rea
  • Prime location in Everett’s growing Broadway Corridor
  • Near Encore Boston Harbor and proposed soccer stadium
  • Benefits from upcoming MBTA Silver Line extension

OVERVIEW

The property being offered for sale is an exceptional urban portfolio located at 445-455 Broadway in Everett, Massachusetts. This opportunity includes a multi-tenant retail and office complex currently occupied by 26 tenants, providing stable and recurring income with 100% retail occupancy. The existing building encompasses 43,740 square feet, with 33,272 rentable square feet, and sits on a 20,799 square foot lot. In addition to the income-producing asset, the property features a fully approved, shovel-ready development project for 33 residential units, with all permits and approvals in place, allowing construction to begin immediately. Investors benefit from both immediate cash flow and significant future upside through development. The site is strategically positioned in Everett’s rapidly growing Broadway Corridor, offering access to Greater Boston’s economy and talent pool, while benefiting from ongoing infrastructure improvements such as the MBTA Silver Line extension and a proposed new commuter rail station. The property also enjoys proximity to major developments like Encore Boston Harbor and the proposed Kraft Group soccer stadium, further enhancing its long-term value and growth potential.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

33

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1908

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

BD

APN/PARCEL ID

EVER-000000-L000001-000001

ASK ABOUT THIS PROPERTY

Jim FitzgeraldRE/MAX CommercialMore Info
617-438-5100

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Jim FitzgeraldRE/MAX CommercialMore Info
617-438-5100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.